The government has found 9 lakh beneficiaries in as many as
80,000 companies took benefit of the Centre's job formalization scheme, Pradhan
Mantri Rojgar Protsahan Yojana (PMRPY), even though they were not eligible,
leading to around Rs 300 crore loss to the exchequer.
According to a report published in the Business Standard,
These companies allegedly duped the system by taking financial incentives meant
to...
Ministry of Labour and Employment has taken a number of initiatives for bringing transparency and accountability through reforms and enforcement of Labour Laws, with the objective of strengthening the safety, security, health, social security for every worker and bringing ease of compliance for running an establishment to catalyze the creation of employment opportunities.
These initiatives include governance reforms through the...
Ministry of Labour and Employment has taken a number of initiatives for bringing transparency and accountability through reforms and enforcement of Labour Laws in 2019. Based on data received from The Ministry of Labour and Employment, below are major steps taken by ESIC in 2019.
Rate Reduction in ESI Contribution
The ESI Corporation has reduced rates of ESI Contribution being...
For Infosys to succeed as a company, the health, and well-being of our greatest assets, i.e. our people are extremely important. Having a healthy and productive workforce allows us to offer the best for our clients as well as is great for the long term success of our employees. Given the challenges of today’s environment, employee burnout is a...
Ministry of Labour and Employment has taken a number of initiatives for bringing transparency and accountability through reforms and enforcement of Labour Laws in 2019. Here are the major initiatives were taken in EPFO.
Three new apps to improve service delivery of subscribers were launched by Shri Santosh Kumar Gangwar, Minister of State (I/C) for Labour and Employment on EPFO...
SBI, other PSU banks have informed their customers that operations may be impacted due to the proposed two-day nationwide strike on January 31 and February 1 after talks over wage revision failed to make headway with the Indian Banks' Association (IBA).
The strike call has been given by the United Forum of Bank Unions (UFBU), an umbrella body of the...
Each workplace has its own unique set of challenges and safety concerns. That is why there is no single best approach to mitigating risk or solving safety issues. However, processes and practices like PSM (Process Safety Management) exist so that organizations can take a well-thought blueprint and adjust it to their specific needs. Gujarat being the prominent industrialized state,...
Almost 92% of talent professionals in India consider ‘People Analytics’ to pave the way for the future of HR and recruiting while 95% of them believe employee experience will shape the future of HR in 2020.- LinkedIn Report
The report looks at survey results from 7,000 talent professionals, platform data, and interviews with leaders to provide insight into the key...
According to the Entrackr report, Flipkart Group is set to acquire the loss-making wholesale cash-and-carry business of its controlling firm and US retail behemoth Walmart in India.
Flipkart group which currently manages Flipkart and Myntra will, however, fulfill all regulatory requirements of its Walmart deal and serve as a subsidiary group to the company.
However, Flipkart, when contacted by the...
Some latest HR trends might already be familiar to you, but we hope we can provide some clarity into how to approach these trends and how they can help you in your day-to-day work.
According to a recent Global Talent Trends, 2020 report here are four ideas/trends reshaping the way you’ll be attracting and retaining talent in 2020: the...