Payrolls

The government has cleared a proposal to overhaul pay scales, allowances and promotion norms for staff at Krishi Vigyan Kendras (KVKs), the network of farm science centres that anchor agricultural extension work across the country. State governments will now be responsible for funding NPS contributions and retirement benefits for KVK personnel, according to an official statement issued on Monday. The Finance Ministry's approval of the Agriculture Ministry's proposal is part of a broader push to strengthen KVKs, with Agriculture Minister Shivraj Singh Chouhan chairing a review of action plans on Monday. He said the revamp of KVKs hinges on close coordination between the Centre and States, backed by timely funds, upgraded infrastructure, sufficient staffing and district-level execution. The minister called for KVKs to be adequately equipped with infrastructure, personnel and institutional backing so they can serve farmers effectively and keep pace with emerging challenges in the farm

Experts warn current trajectory could make several centres unsustainable

In February 2025, the retirement fund body EPFO registered approximately 739,000 new subscribers

The UK Parliament is expected to be briefed by the defence minister later on Tuesday after reports of a massive data breach involving the Ministry of Defence (MoD) targeting service personnel from the Royal Navy, Army and Royal Air Force. According to the BBC, the government suspects China was behind the hack of the armed forces payroll system that is run by an external contractor and includes data of both current and some past armed forces members. However, Defence Secretary Grant Shapps is not expected to directly name China when he updates members of Parliament in the House of Commons as the investigation remains ongoing. The system used by the MoD includes names and bank details of armed forces personnel and in a very small number of cases, the data may include personal addresses. Government sources have stressed that no operational MoD data has been obtained in the hack, the motive behind which remains unclear. It is understood the MoD has taken immediate action and the system

Average hourly earnings are projected to climb 4.1 per cent from the same month last year, the smallest annual advance since mid-2021

US non-farm payrolls increased by 210,000 jobs last month, the Labor Department reported

Corporate India is indicating a rebound in its recruitment plans for the coming three months

Formalisation of the economy took a beating in October, compared to the previous month, showed the payroll data

Even if we assume formalisation pushed up the formal employment, can we deny we were under-reporting such payroll data earlier?

Nonfarm payrolls increased 215,000 last month