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EMPLOYEES’ PROVIDENT FUNDS (EPF) SCHEME, 2026 Why in the News? New Scheme Notified: The Ministry of Labour and Employment has notified the Employees’ Provident Funds (EPF) Scheme, 2026, replacing the EPF Scheme, 1952 under the Code on Social Security, 2020. Key Reforms: The new scheme simplifies PF withdrawal rules, introduces provisions for principal employers, while …
Read MoreTHE LABOUR CODES REDEFINE WAGES, EMPOWER THE WORKER Syllabus: GS 2: Government policies and interventions Why in the News? India’s four labour codes are nearing nationwide implementation, triggering debates between industry groups and trade unions. While critics call for strikes, industry leaders argue that the reforms expand financial inclusion, social security coverage, and income protection, …
Read MoreGovernment Launches Employee Enrolment Scheme 2025 Initiative Why in the News? The Government of India has launched the Employee’s Enrolment Scheme 2025 to expand Employees’ Provident Fund (EPF) coverage by enabling employers to voluntarily register left-out employees between July 2017 and October 2025, strengthening India’s social security framework under EPFO supervision. This initiative complements broader …
Read MoreESIC Launches SPREE 2025 for Inclusive Development and Coverage Why in the News? The Employees’ State Insurance Corporation (ESIC) launched SPREE 2025 during its 196th meeting in Shimla, offering a one-time opportunity for unregistered employers and employees to join the ESI scheme without retrospective penalties or inspections. This initiative aligns with the government’s focus on …
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