The policy also focuses on imparting vocational training to school dropouts and enhancing the social status of such workers.
The NPS has cumulative assets under management worth Rs 83,917.12 and 91,21,588 subscribers by April 30, 2015.
Ministry for deduction of provident fund on house rent, gratuity, other allowances along with basic wage.
India imports paper largely from countries including Germany, Japan and the UK though the ink for printing of currency notes is procured domestically.
While IIP data pegs growth at 2.8% in FY15, advanced estimates of national income shows a 6.8% growth.
The BJP, which has a strong support base of small traders, had vehemently opposed the UPA government’s move to allow 51 per cent FDI in the multi-brand retail sector.
Bandaru Dattatreya stressed that NGOs and social activists have approved the provisions that would allow children less than 14 years of age to only help in family and home enterprises, after school hours.
Applauding the Indian government’s efforts at improving ease of doing business, Shinya Ejima, chief representative, JICA India office in an interview that the agency is looking at a range of projects in India.
The proposed amendments seek to bar children between ages of 14 and 18 years, who will be termed as “adolescent” from working in hazardous sector.
This was one of the key issues on which the Standing Committee on labour had sought a review of the Bill.
Code seeks to merge 3 Central labour laws, allow easier closing down norms.
Arun Jaitley had in the Budget 2015-16 that he presented on February 28 proposed setting up the PDMA by the end of the fiscal.
The Bill is now expected to be introduced in Parliament in its Monsoon session, missing the ongoing Budget session.
State FMs are scheduled to meet in Thiruvananthapuram on May 7 and 8 to discuss the further modalities of the goods and services tax.
The Budget 2015-16 had allocated Rs13,000 crore to the scheme, under which banks extend short-term loans of up to Rs3 lakh to farmers at an interest rate of 7 per cent.
Niggling procedural hassles stymie efforts to modernise antiquated labour regulations.
In the Union Budget 2015-16, the finance ministry had allocated Rs 20,000 crore to NITI Aayog under a new Budget line for Special Assistance to States.
The exemption is expected to help more funds come in for skill development as the government looks to train nearly 11 crore workers by 2020.
The government is also looking into incentivising banks for promoting transactions through credit and debit cards.
Centre parts with 42% of its resources, but states neither spend nor consolidate.
Rudy speaks about his plans for creating a skilled workforce, the challenges for BJP in the Bihar Assembly elections and the role caste arithmetic has long played in the state.
The ministry estimates that the exercise requires about Rs 90 crore.
IMD’s prediction could now pose a challenge to the government’s hopes of a rebound in the economy this year and a targeted GDP growth of anywhere between 8% and 8.5% in 2015-16.
The proposed agency would take over key functions of the RBI and be responsible for managing the debt, cash and contingent liabilities.
Despite tapering, service industries like IT-BPO and textiles generated largest number of jobs in more than a year, hiring 89,000 and 79,000 respectively.
If the employer complies with the direction within such period, the facilitator shall not initiate prosecution proceedings.
The new scheme, which is likely to target small farmers by tapping into the direct benefit transfer system, is likely to be launched by July.
The labour ministry has also sought comments on the draft code by April 20.
Framework to have an universal approach to train people easily.
"It confirms the fact that growth and macro-economic prospects of the country are improving," said the CEA.
Gross collections for KVP were as high as Rs 21,631.16 crore in 2010-11, which was the year before it was discontinued.
The Micro Units Development Refinance Agency (MUDRA) Bank Bill will now give finality to the plan for regulation of the sector.
The finance minister has already held one round of meeting with public sector banks on the launch of insurance schemes.
The draft text has also suggested barring both the disputing parties from expropriating or nationalising any investment.
The labour ministry made it clear that it would take the final call on following the new investment pattern.
Final accounts for 2014-15 are expected to be released by the Controller General of Accounts in May 2015.