Tuesday, 25 December 2018

Payroll Reporting in India: An Employment Perspective - Coverage and Sources of data


Payroll Reporting in India: An Employment Perspective - Coverage and Sources of data

Employees' Provident Funds Scheme: September, 2017 to October, 2018
PROVISIONAL ESTIMATES OF SUBSCRIBERS AS PER EPFO RECORDS (IN NUMBERS) 

Employees-Provident-Funds-2017

 Coverage and Sources of data

1. The Employees Provident Fund Scheme (EPF) is a mandatory savings scheme under the Employees' Provident Funds and Miscellaneous Provisions Act, 1952. It is managed under the aegis of Employees' Provident Fund Organization (EPFO). It covers every establishment in which 20 or more persons are employed (and certain other establishments which may be notified by the Central Government even if they employ less than 20 persons each), subject to certain conditions and exemptions as provided for in the Act. The pay ceiling is Rs.15000/- per month. Persons drawing pay above Rs. 15,000 are exempted or can be enrolled with some permission or on voluntary basis. The number of members subscribing to this scheme gives an idea of the level of employment in the formal sector. The data on subscribers-new members, exited members and those subscribers that re-started their subscription is sourced from EPFO. More details are available at www.epfindia.gov.in.

2. The Employees State Insurance Act, 1948 is applicable to non-seasonal, manufacturing establishments (other than a mine subject to the operation of the Mines Act, 1952 (35 of 1952), or a railway running shed) employing 10 or more workers. For health and medical institutions, the threshold limit is 20 or more workers. ESI Scheme for India is an integrated social security scheme tailored to provide socio-economic protection to the workers in the organized sector and their dependents, in contingencies, such as Sickness, Maternity and Death or Disablement due to an employment injury or occupational hazard. The wage ceiling is Rs.21000/- per month. Beneficiaries are termed as Insured Persons (IP) and a new IP number can also arise due to change in employment. Employees may cease to pay contribution due to wage exceeding the statutory ceiling of Rs.21000/- per month or owing to resignation, death, retirement or dismissal. The number of subscribers of this scheme also gives an idea of the level of employment in the formal sector. Data is sourced from Employees' State Insurance Corporation (ESIC) and the information may have an element of duplication with EPF data and is thus not additive. More details are available at www.esic.in.

3. The Pension Fund Regulatory and Development Authority (PRFRDA)'s National Pension scheme (NPS) is an easily accessible, low cost, tax-efficient, flexible and portable retirement savings account. Under the NPS, the individual contributes to his retirement account and also his employer will co-contribute for the social security/welfare of the individual. NPS is designed on defined contribution basis wherein the subscriber contributes to his account, there is no defined benefit that would be available at the time of exit from the system and the accumulated wealth depends on the contributions made and the income generated from investment of such wealth. Any citizen of India, whether resident or non-resident, individuals who are aged between 18 - 60 years as on the date of submission of his/her application can subscribe to the scheme. From 1st January 2004, the central and the state governments have adopted this scheme for new employees except for armed forces. This was extended to other establishments from 2009 onwards. More details are available at www.pfrda.org.in.

Download the full details from Central Statistics office

Inauguration of renovated & upgraded 100 beded ESI Hospital in Bhubneswar


Ministry of Labour & Employment
Inauguration of renovated & upgraded 100 beded ESI Hospital in Bhubneswar
24 DEC 2018

Prime Minister Shri Narendra Modi dedicated the renovated and upgraded 100 bedded ESI Hospital, Bhubaneswar (Odisha) to the Nation from IIT Campus, Bhubaneswar along with the basket of different projects of Govt. of India on 24.12.2018 (Monday).

The other dignitaries to grace the occasion were Professor Ganeshi Lal, Governor, Odisha, Shri Naveen Patnaik, Chief Minister, Odisha, Shri Jual Oram, Minister of Tribal Affairs, Govt. of India, Shri Dharmendra Pradhan, Minister of Petroleum & Natural Gas, Skill Development and Entrepreneurship, Govt. of India and Dr. (Prof.) Prasanna Kumar Patasani, MP, Bhubneswar.
In his address, the Prime Minister said that the existing 50 bedded ESI Hospital Bhubaneswar has been renovated & upgraded to 100 bedded hospital with a project cost of Rs. 73 crore (aprox.). Equipped with all the modern facilities, this hospital will provide good medical care to beneficiaries under ESI Scheme of Bhubaneswar area. He said that the Central Govt. is working to provide the good quality medical care to every citizen of India. For this purpose, Wellness Health Centres are also being opened under 'Ayushman Bharat Yojana' to provide medical care in the remotest part of India.
The other projects inaugurated/foundation laid during the event were of Ministry of Road Transport & Highways, Ministry of Human Resource Development, Ministry of Petroleum & Natural Gas, Govt. of India, etc.

ESI Scheme in India

The Employees' State Insurance Corporation is a pioneer Social Security organization providing comprehensive social security benefits like reasonable Medical Care and a range of Cash Benefits in times of need such as employment injury, sickness, death etc. The ESI Act applies to premises/precincts where 10 or more persons are employed. The employees drawing wages up to Rs.21, 000/- a month are entitled to health insurance cover and other benefits, under the ESI Act. The Act now applies to over 10.33 lakh factories and establishments across the country, benefiting about 3.43 crores Insured Persons/Family Units of workers. As of now, the total beneficiary population of ESI Scheme stands over 13.32 crores. Ever since its inception in 1952, the ESI Corporation has, so far, set up 154 Hospitals, 1500/148 Dispensaries / ISM Units, 815 Branch/Pay Offices and 64 Regional & Sub-Regional/Divisional Offices.

PIB

DoE: Switch over from Petrol and Diesel vehicles to Electric vehicles for hired vehicles in Secretariats/Attached offices of Ministries and Departments of Government of India located in Delhi


DoE: Switch over from Petrol and Diesel vehicles to Electric vehicles for hired vehicles in Secretariats/Attached offices of Ministries and Departments of Government of India located in Delhi
F.No.2S(7)/E.Coord.l2017
Ministry of Finance
Department of Expenditure
E.Coord Section
North Block, New Delhi
Dated: 22nd December, 2018
OFFICE MEMORANDUM

Subject: Switch over from petrol and diesel vehicles to electrical vehicles for hired vehicles in Secretariats/Attached offices of Ministries and Departments of Government of India located in Delhi

Keeping in view the policy thru st of the Government that by 2030, 30% of the total vehicle fleet in the country will be electrical for the reason of its being environmental friendly, cost effective and substitute for fossil fuels, Ministries/Departments are encouraged to switch over to electrical mobility from petrol and diesel cars in respect of vehicles taken on lease/hire for official purpose.

2. Accordingly, all the Ministries/Departments may aim at replacing the petrol and diesel cars hired by Ministries/Departments in their Secretariats and attached offices (located in Delhi) through contractors by electric cars for mobility in Delhi. In cases where existing contracts for hiring of petrol/diesel vehicles have come to an end, Ministries/Departments may consider fresh contract for hiring electric vehicles.

3. To facilitate Ministries/Departments a framework of the draft agreement which the Ministries/Department may adopt for entering into contract for lease/hiring of electric vehicles is annexed. Ministries/Departments are at liberty to amend the conditions of the draft agreement as per the type of lease/hiring (Wet or Dry) entered into with the service provider.
(Annie George Mathew)
Joint Secretary to the Government of India
Download the Template of the conditions of Agreement for hiring of electric vehicles

Source: DoE

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