“We will certainly want to make sure there is a smooth flow of...
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Pension & Social Security
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Finance Ministry urges employees to opt for UPS before Sept 30 deadline
Around 31,555 central government employees had opted for the UPS...
Sebi to engage with govt to allow banks, pensions funds to invest in non-agri commodity derivatives
"We will also engage with the government to consider banks,...
Italy, EU’s oldest country, to spend more on the elderly
Among several measures, the package envisages a so-called monthly "universal benefit" of 1,380 euros to support poor people over 80 with "very severe welfare needs", a government document showed Rome: Italy's government said on Thursday it would introduce a new...
China’s population drops for 2nd year, raises long-term growth concerns
The National Bureau of Statistics said the total number of people in China dropped by 2.75 million to 1.409 billion in 2023, a faster decline than in 2022, which was the first since 1961 during the Great Famine of the Mao Zedong era Beijing: China's population fell...
Received info from India on social security pact, more work required on this: USTR Katherine Tai
Katherine Tai, US Trade Representative Under this agreement, an expatriate in either country need not contribute to the social security scheme of the host country New Delhi: The US Trade Representative Katherine Tai on Saturday said they have received information from...
Maharashtra cabinet nod for OPS to state employees who joined service after Nov 2005
Under the OPS, a government employee gets a monthly pension equivalent to 50 per cent his/her last drawn salary. There was no need for contribution by employees. The OPS was discontinued in the state in 2005 Mumbai: The Maharashtra cabinet on Thursday cleared a...
Telangana CM announces Rs 5 lakh accident insurance policy for gig workers, cab, auto drivers
According to an official release, Telangana Chief Minister A Revanth Reddy also assured the gig workers that the government would provide Rs 10 lakh health cover under the Rajiv Arogyasri scheme Hyderabad: Telangana Chief Minister A Revanth Reddy Saturday said the...
Small cities to play key role in achieving resolve of developed India by 2047: PM Modi
The government is committed to saving money for urban families, be it exemption in income tax or low-cost treatment. The inclusion of crores of urban poor in the Ayushman Bharat initiative has helped them save Rs 1 lakh crore on medical expenses. Medicines were made...
By 2047, India to remain a lower middle country if growth remains 6%: Rajan
"We will start the process of aging at some point around that time, which leads to the alarming question if we don't grow faster, we will grow old before we grow rich, which means we all have all the burdens of an aging population to deal with also at that point,"...
Andhra hikes free medical treatment scheme limit to Rs 25L , monthly social pension to Rs 3K
YS Jagan Mohan Reddy,Chief Minister, Andhra Pradesh "Andhra Pradesh Cabinet has approved the proposal to launch the second phase of Jagananna Arogya Suraksha from January 1 and enhance the free medical treatment limit under YSR Aarogyasri to Rs. 25 lakhs and make it...
Decision on old pension scheme to be taken in next budget session: Maharashtra CM in assembly
Maharashtra Chief Minister Eknath Shinde ''The state government is positive towards the demand of the state employees who went on strike today on reviving Old pension Scheme(OPS). We need some time to study the Subodh Kumar committee's recommendations. Additional...
Workers face double hit from climate change and new technologies, ILO head warns
ILO Director-General, Gilbert F. Houngbo also highlighted rising inequality, insecurity and vulnerability. He told the leaders that this made work on improving and protecting skills even more important ILO Director-General, Gilbert F. Houngbo, has warned that workers...