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ABRY
Formal job creation down for two fiscals after record FY23Net formal job creation under EPFO has declined for two consecutive years through FY25, falling from 13.8 million in FY23 to 12.9 mn. This ...- Fool-proof mechanism in place to implement employment linked incentive scheme: Labour MinistryThe Labour Ministry has devised a digital mechanism for the Rs 1.07-lakh crore Employment Linked Incentive (ELI) scheme, aiming to generate...
- Indian Americans develop AI-based app launched for farmers in CaribbeanA new AI-powered app, LetZFarm, developed by Indian Americans, is empowering farmers in Trinidad and Tobago with data-driven insights to en...
- Budget 2024: Govt's formal job scheme may get extensionThe government is considering extending the Aatmanirbhar Bharat Rozgar Yojana (ABRY) in the upcoming interim budget, according to anonymous...
- 7.51 million beneficiaries registered under ABRY: MoS Teli in Lok SabhaABRY was launched at the time of Covid with effect from October 1, 2020 to incentivize employers for creation of new employment and restora...
- Scheme for formal employment generation falls short of targetAs per latest government data, enrolments under ABRY stood at 6.04 million as on July 22, 2023, well short of the revised target of generat...
- Atmanirbhar Bharat Rozgar Yojana jobs target surpassed by 28%Latest data show 7.51 million jobs were created under the scheme since its notification in December 2020, over a quarter more than the init...
- Rs 1,000 minimum monthly pension for EPFO members inadequate, says Par panelThe panel said it becomes imperative on the part of the Ministry of Labour and Employment to pursue the matter with the Ministry of Finance...
- EPFO invests Rs 7,715 crore in equity in April-JuneThe EPFO can invest up to 15 per cent of investment in equity as per the Pattern of Investment notified by the central government and the i...
- Unemployment rate stood at 4.8% in FY20: Rameswar Teli“The government of India has taken a number of initiatives for promoting employment generation in the country,” the minister said in respon...
- Labour ministry mulls extending ABRY deadline till March 2022 to boost fresh hiringUnder the ABRY approved by the Union Cabinet in December last year, the government pays mandatory employees provident fund contributions of...
- One year since COVID-19 lockdown: India still recovering from unemployment blowThe government had imposed a lockdown to curb the spread of the pandemic but this impacted economic and commercial activities and resulted ...
- 16.5 lakh registrations under Atmanirbhar Bharat Rozgar Yojana since OctoberOut of this, approximately 13.64 lakhs are new joinees with UAN generated on or after October 1, 2020 and approximately 2.86 lakhs are re-j...
- 16.5 lakh benefited under Aatmanirbhar Bharat Rozgar YojanaAround 16.5 lakh people have benefited from the Aatmanirbhar Bharat Rozgar Yojana (ABRY) which was launched in October to encourage hiring ...
- EPFO closed 71.01 lakh EPF accounts in April-December 2020"The number of Employees' Provident Fund (EPF) accounts closed during the period from April to December, 2020 is 71,01,929," Labour Ministe...
- Centre providing fiscal stimulus of Rs 27 lakh crore as part of Aatmanirbhar package: GangwarUnder the PMMY, collateral-free loans upto Rs 10 lakh, are extended to micro/small business enterprises and to individuals to enable them t...
- EPFO settles 60.88 lakh COVID-19 advance claims, releases Rs 15,255 crore till Jan 31The EPFO has settled 60.88 lakh COVID-19 withdrawal claims and disbursed Rs 15,255.95 crore to subscribers during the pandemic till January...
- Herculean task of providing social security cover for informal workers awaits EPFO in 2021The Employees' Provident Fund Organisation will have a herculean task in improving the delivery of services with focus on implementation of...
- Abu Dhabi includes Hindi as third official court languageThe Abu Dhabi Judicial Dept said it has extended the adoption of interactive forms of statement of claims filed before courts.
- Tracing roots: 38,000-yr-old cave art may be window to early modern human lifeThe findings centre on the early modern humans' Aurignacian culture, which existed from about 43,000 to 33,000 years ago.
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