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Politics
Provident Fund Withdrawal Claims Triple since March: EPFO
The Union labour and employment ministry said in a statement that the EPFO received 1.1 million claims between April and July 2020 through the UMANG mobile application.
Politics
UP Govt Withdraws Order Increasing Daily Working Hours to 12 From 8
The UP government’s withdrawal of its order was separate from the proposed Ordinance, which will abolish all 38 labour laws in the state, except safety-related provisions, timely payment of wages, minimum wages and provisions related to women and children.
Politics
Ensure That Changes to Indian Labour Laws Adhere to Global Standards: ILO
'Such amendments should emanate from tripartite consultation involving the government, workers and employers.'
Economy
Adityanath Govt in UP to Suspend Key Labour Laws, Workers Rights for Three years
Under cover of the COVID-19 pandemic, the state government says exempting businesses from these laws will boost investment. But experts term the move an attack on fundamental rights.
COVID-19: Lenders Seek Deferment in Loan Repayment, Reclassification of NPA
The coronavirus pandemic has affected several industries in India and the impact is visible across all segments as cities head for a lockdown to contain the spread.
Economy
NSO Will Not Release Report Showing First Decline in Consumer Expenditure in 40 Years
Consumer spending surveys help set the base year for key macroeconomic data, including gross domestic product.
Centre's Cryptocurrency Ban Was a Last-Minute Decision
In the inter-ministerial committee's first meeting, it was broadly agreed that “the banning option is difficult to implement” and “may also drive some operators underground".
Centre Releases Monthly Payroll Data, May Cancel Labour Bureau Jobs Survey
Early indications of job creation in the Modi government’s tenure that came from the labour bureau had painted a dim picture.
CBI Books Delhi Jeweller Over Rs 390 Crore Oriental Bank of Commerce Loan Scam
The bank's complaint accused Dwarka Seth International of cheating it with the help of corrupt officials and letters of credit, very similar to the Nirav Modi-PNB scam.
Job Creation in Organised Sector Dipped by 65% in April-June 2017
The number of new jobs created declined to 64,000 from 185,000 in January-March 2017.
Economy
Data Set for Modi's '7 Million Jobs' Claim Badly Maintained, '30-40% Unclean'
The Employees’ Provident Fund Organisation data analysed by the researchers showed that in some cases, members have received contribution even before their joining date.
'Independent' 7 Million Jobs Study on EPFO Data Was Carried out With Government Help
The EPFO data for the Ghosh and Ghosh study was given by the Niti Aayog, which in turn was tasked by the Prime Minister's Office to give quick indicators for direct reflections on employment data.
Economy
Note Ban Hurt Daily Wagers, Contractual Jobs, Shows Government's Own Survey
In January-March 2017, regular jobs rose while jobs for contract workers slowed to 26,000 against 1,24,000 in the previous quarter.
