SURABHI

Profile

Despite oil cushion, low sell-off proceeds could impact deficit
Tue, Aug 04, 2015

For 2015-16, the Centre has a more relaxed fiscal deficit target of Rs 5,55,649 crore or 3.9 per cent of the GDP.

Pledge future PF to pay home loan: plan for weaker sections
Fri, Jul 31, 2015

The scheme would, however, be available only for low-cost housing and subscribers whose monthly salary is less than Rs 15,000. These workers constitute about 70 per cent of the EPFO’s five crore subscribers.

Legal sector to be opened for FDI via proprietary Cos
Fri, Jul 31, 2015

According to the proposal, foreign legal firms would be allowed to be invest in a partnership firm or a proprietary concern.

Strategic stake sales: Ministries asked to line up a list of PSUs
Wed, Jul 29, 2015

The Union Budget has set a target of Rs 69,500 crore from disinvestment in public sector unit this fiscal.

Monetary policy committee: Will the Reserve Bank Governor have the last say?
Tue, Jul 28, 2015

The revised IFC proposes to do away with the veto power enjoyed by RBI Governor on policy rates, instead suggesting a decision by a majority vote.

300 claims for PM’s insurance plans till now
Sat, Jul 25, 2015

Prime Minister Narendra Modi had launched the two insurance schemes along with the Atal Pension Yojana on May 9 this year to improve social security and insurance coverage in the country.

PSU stake sale Centre set to provide big push to retail participation
Fri, Jul 24, 2015

Campaign for opening up of demat accounts likely to be undertaken

Centre to fix 75% cap to tighten premature EPF withdrawals
Thu, Jul 23, 2015

EPFO also plans to raise the age for withdrawal of up to 90 per cent of the accumulation from the current limit of 54 years to 57 years

New senior health plan with Rs 1 lakh cover on the cards
Wed, Jul 22, 2015

Government to subsidise premium for those below poverty line by up to 90% through cash transfers.

Centre set for a spending spree
Tue, Jul 21, 2015

The finance ministry is hopeful that capital spending will witness a significant rise in the current quarter as more projects get approved and Budget announcements are implemented.

Need labour reforms with consensus: PM Narendra Modi to unions
Tue, Jul 21, 2015

Talking about different interest groups, Modi said that there was a thin line dividing the interest of industry and industrialists, government and nation, and labour and labour organisations.

Employment exchanges: Job seeking now to get a tech touch with new portal
Sat, Jul 18, 2015

The facility built on the lines of a similar service provided by the UK government aims to create a direct market place for workers and employers.

Before ILC gathering, PM to meet trade unions
Sat, Jul 18, 2015

Laws (Exemption from Furnishing Returns and Maintaining Registers by Certain Establishments) Act, amendments to the Factories Act, 1948 are pending with Parliament.

BRICS bank to start working on staff recruitment, infrastructure
Fri, Jul 17, 2015

The $100 billion NDB is promoted by Brazil, Russia, India, China, and South Africa for investments in infrastructure in the five nation bloc.

PF claim settlement period brought down to 20 days
Wed, Jul 15, 2015

Over the past few years, the EPFO has been working to improve its claim settlement period trying to bring it within the mandated one month period

Narendra Modi’s ambitious Skill India Mission targets 40.2 crore workers by 2022
Wed, Jul 15, 2015

The mission, which is being launched on the World Youth Skills Day will also be launched by various state governments.

Socio-Economic & Caste Census to use Jan Dhan Aadhar Mobile number trinity to better target benefeciaries
Tue, Jul 14, 2015

The Socio-Economic & Caste Census is set to help in better targeting of beneficiaries using Jan Dhan-Aadhar-Mobile number trinity.

Govt must look for means other than divestment, FDI: BN Rai
Mon, Jul 13, 2015

BN Rai, president, Bharatiya Mazdoor Sabha said the trade union will continue to oppose all policies of the government that it considers to be wrong.

Suggestions range from curb on currency notes, cash-back incentives
Fri, Jul 10, 2015

Public response to the Centre’s proposed guidelines to encourage electronic payments on www.mygov.in the have been largely positive with many suggesting the complete withdrawal of currency notes.

Government plans strong reforms pitch at labour conference
Wed, Jul 08, 2015

However, 11 Central trade unions that have already opposed the proposed amendments have also announced a national strike on September 2.

Labour laws take centre stage
Tue, Jul 07, 2015

Earlier, the Prime Minister’s Office too is understood to have written to state governments encouraging them to take forward labour law reforms.

To build upon JAM trinity, FinMin to look into caste census
Thu, Jul 02, 2015

The latest socio -economic and caste census is expected to be released by the finance minister on July 3.

Lack of trained statisticians forces govt to relax recruitment norms
Wed, Jun 10, 2015

Those with a Bachelor’s degree with statistics, mathematical statistics or applied statistics as one of the subjects are now eligible to apply for the service.

FinMin schemes: Infrastructure push planned through NIIF, tax free bonds
Tue, Jun 09, 2015

The initiatives are expected to boost investments in the lagging infra sector.

Monsoon impact hard to assess now: TCA Anant
Tue, Jun 09, 2015

TCA Anant said that correlating a segment with the overall GVA is a strong assumption to make.

In next jobs survey, NSSO to link wages with skills
Sat, Jun 06, 2015

NSDA to introduce a portal which will track the supply of manpower and demand for job creation.

National Pension System: Move over intermediaries, here comes the portal
Fri, Jun 05, 2015

The Pension Fund Regulatory and Development Authority is set to launch an online portal soon.

Despite core growth dip, IIFCL sees no immediate infra lending revival
Fri, Jun 05, 2015

Speaking to The Indian Express, SB Nayar, CMD, IIFCL, said that a large number of power and road projects are still stalled due to delays in land acquisitions and cost overruns.

FinMin finalising gold monetisation scheme
Thu, Jun 04, 2015

Sources said finance ministry is in talks with the RBI to finalise modalities of the scheme under which banks would also be permitted to deposit the gold as part of their CRR and SLR requirements.

Entrepreneurship scheme: Lock, load, start-up
Tue, Jun 02, 2015

The Centre is planning a new scheme that will integrate entrepreneurship education with formal education.

National Pension System: Investments in PE, VC funds, 75% in equity in the works
Tue, Jun 02, 2015

Pension regulator examining recommendations of Bajpai panel that calls for greater flexibility to NPS.

Provident funds: Premature withdrawal to be subject to TDS
Mon, Jun 01, 2015

Provident fund withdrawals before five years of completion of service will now attract income tax ranging between 10 per cent and 34.608 per cent. A new provision in the Finance Act, 2015 that becomes effective from June 1 has mandated that premature withdrawals of retirement savings that exceed Rs 30,000 before completion of five years […]

Panel on trade union demands may meet by the end of June
Fri, May 29, 2015

In the letter to the trade unions, Dattatreya said that the inter-ministerial committee has been formed on the advice of Prime Minister Narendra Modi.

Training for skills from Class IX is new plan
Fri, May 22, 2015

The policy also focuses on imparting vocational training to school dropouts and enhancing the social status of such workers.

NPS revamp Panel for removing cap on equity, suggests new asset classes
Fri, May 22, 2015

The NPS has cumulative assets under management worth Rs 83,917.12 and 91,21,588 subscribers by April 30, 2015.

Take-home salary to take a hit after changes in PF Act
Thu, May 21, 2015

Ministry for deduction of provident fund on house rent, gratuity, other allowances along with basic wage.