The move means salaried employees will earn lower returns for the financial year ending on March 31, 2020
The EPFO had provided 8.65 per cent rate of interest to its subscribers for 2016-17 and 8.55 per cent in 2017-18
With the ministry's latest decision, such pensioners would receive their full pension after completion of 15 years
The decision was taken at an ESIC meeting chaired by Labour Minister Santosh Gangwar on Thursday
The number of complaints related to the ministry on the Centralised Public Grievances Redress and Monitoring System (CPGRAMS) stood at 47,567 in 2019
On a supplementary question on when outstanding dues to Andhra Pradesh will be released, Tomar gave an assurance that no pendency of dues relating to Andhra Pradesh would remain with his ministry.
Survey in 2017-18 shows women formed 23.3 per cent of labour force compared to 42.7 per cent in 2004-05.
Labour and Employment Minister Santosh Kumar Gangwar said the government had taken initiatives to improve women's participation
Labour minister pitches for a separate ministry for cooperatives
Writes to finance ministry for changes in scheme to boost employment, remove disparities
At present, the EPFO is settling PF withdrawal claims at 8.55 per cent interest rate, which was approved for 2017-18
A notification by the labour ministry is required regarding the interest rate for crediting the interest amount into accounts of over 6 crore subscribers
The Bill subsumes four labour laws -- Minimum Wages Act, Payment of Wages Act, Payment of Bonus Act and Equal Remuneration Act
These proposals were a part of the Code on Wages Bill, 2019 and the Code on Occupational Safety Health and Working Conditions Bill 2019
Single registration will be coupled with single licence, along with a single return, for executing projects for five years
The latest draft Code is welcome, but needs to be fine-tuned
Within four days till November 29, total 3,87,037 bank accounts were opened by holding 15,134 camps across the country
The revised wage for unskilled agricultural labour in C-class towns to be effective from November 1, 2016
With the trend set by Kejriwal in Delhi and Tuesday's move by the central government, the scale of rise is expected for labour to be swifter from now
Bandaru Dattatreya asked Kejriwal to expedite payment of the dues for the continuation of the ESI scheme in Delhi