Monday, 19 March 2018

EPFO Rate of Interest

EPFO Rate of Interest
The declared rate of interest on Employees Provident Fund (EPF) paid to the subscribers during the last three years is as under:

YearRate of Interest (in per cent.)Date on which Rate of Interest declared
2014-158.7523.01.2015
2015-168.8023.05.2016
2016-178.6524.04.2017

The interest rate on EPF is determined by the Central Government in consultation with the Central Board. The Central Board of Trustees (CBT), Employees Provident Fund (EPF), in its meeting held on 21.02.2018, has recommended 8.55 per cent. rate of interest to EPF subscribers for 2017-18. The proposal has now been sent to the Ministry of Finance for their concurrence to the interest rate of 8.55 per cent to the EPF subscribers for the year 2017-18.

Approximately 19,97,84,374 number of accounts of account holders are likely to be credited with the statutory rate of interest declared for the year 2017-18.

This information was given by the Minister of State for Labour and Employment Shri Santosh Kumar Gangwar in a written reply to a question in Lok Sabha on 19.3.2018.

Vacancy of non teaching staff in KVs of Delhi


Vacancy of non teaching staff in KVs of Delhi

As on 28.2.2018, 7885 teaching posts and 4404 non- teaching posts are lying vacant in Kendriya Vidyalayas (KVs).

The details of vacancies in Delhi Region, School-wise including sub-staff of Kendriya Vidyalaya (KV), INA Colony are annexed. In KVs, services like watch and ward, gardening and cleanliness are outsourced. All the sub-staff have been trained to work in the laboratories etc.

Kendriya Vidyalaya Sangathan (KVS) has informed that no such urgent need has been felt for recruitment of sub- staff in KVs of Delhi Region.

Recruitment of all employees including sub-staff in KVS is a continuous process and no specific time frame can be given in this regard.

This information was given by the Minister of State for Human Resource Development Shri Upendra Kushwaha in a written reply to a question in Lok Sabha on 15.3.2018.

Pass marks reduced in CISCE Examinations for Class X & Class XII

Ministry of Human Resource Development

Pass marks reduced in CISCE Examinations for Class X & Class XII

9 MAR 2018
The Council for the Indian School Certificate Examinations (CISCE) has informed that it has reduced the pass marks for the Class X from 35% to 33% and for class XII from 40% to 35% from the Examination year 2018 onwards.

The CISCE has informed that this year (ISC year 2018 Examination) the Indian School Certificate (ISC) practical examinations were evaluated in the School on the days of the respective practical examination, as against the earlier practice of evaluating them at the centralized marking centers.
The requisite details are given hereunder:-

Sr. No. Class Numbers of Students
(i) X (ICSE) 1,84,253
(ii) XII (ISC) '81,758

This information was given by the Minister of State (HRD), Shri Upendra Kushwaha today in a written reply to a Lok Sabha question.

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