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Bandaru Dattatreya

Cabinet clears Wage Code Bill, 5 points which will explain its meaning

Cabinet clears Wage Code Bill, 5 points which will explain its meaning

Thu, Jul 27, 2017

Labour Code on Wages Bill, 2015, states, "A BILL to consolidate and amend the law relating to wages and bonus and the matters connected there with or incidental thereto."

'Universal pay' may soon be a reality in India; find out what it is

'Universal pay' may soon be a reality in India; find out what it is

Mon, Jun 12, 2017

Government of India is readying Universal Wage Code Bill which aims to end pay-gap. The minimum income guarantee applies also for those workers, who are earning more than Rs 18,000.

EPFO approves hike in investment limit in ETFs to 15%

EPFO approves hike in investment limit in ETFs to 15%

Sun, May 28, 2017

In a meeting of the Central Board of Trustees (CBT) held in Pune on Saturday, Union Labour Minister Bandaru Dattatreya said that the Employees' Provident Fund Organisation (EPFO) has approved hike in investment limit in exchange traded funds (ETFs) to 15%, from the existing 10%.

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Good news for pension holders! EPFO may hike minimum pension by 20%

Good news for pension holders! EPFO may hike minimum pension by 20%

Tue, Jun 28, 2016

Minimum pension likely to be raised to Rs 1,250, the report added.

Modi government to punish violators of Contract Labour Act: Union Minister

Modi government to punish violators of Contract Labour Act: Union Minister

Tue, Jun 14, 2016

Union Minister, Bandaru Dattatreya today said the Modi-led government is firm on punishing those found violating the provisions in the Contract Labour (Regulation and Abolition) Act, 1970.

EPFO to invest more than Rs 6700 crore in equity markets this year

EPFO to invest more than Rs 6700 crore in equity markets this year

Mon, Jun 06, 2016

Last year, EPFO invested Rs 6,700 crore in the stock markets and earned a return of 1.68%.

Bandaru Dattatreya to pitch for raising EPFO's investment in stocks

Bandaru Dattatreya to pitch for raising EPFO's investment in stocks

Tue, May 24, 2016

Dattatreya said the National Career Service (NCS) Project with the aim to bring job seekers, employers and training providers on a common platform.

Plan to hike financial aid to rehabilitated bonded labourers: Bandaru Dattatreya

Plan to hike financial aid to rehabilitated bonded labourers: Bandaru Dattatreya

Tue, May 17, 2016

The minister said the rehabilitation work has been made simple for the district magistrate/collector/deputy commissioner.

Govt investigating anomalies in Kingfisher Airlines' PF contribution

Govt investigating anomalies in Kingfisher Airlines' PF contribution

Mon, May 09, 2016

The government has found anomalies in the provident fund contributions reported by Kingfisher Airlines and has stated investigations, Bandaru Dattatreya told the Lok Sabha in a written response on Monday.

No paid time off for new Indian fathers just yet

No paid time off for new Indian fathers just yet

Mon, May 09, 2016

While the government is considering a proposal to hike the paid maternity leave for expecting women working in the private sector from the current 12 weeks to 26 weeks, there's still time before new fathers in India will get any such relief to take care of their new born baby at home.

Finance Ministry agrees to give 8.8% interest on EPF: Bandaru Dattatreya

Finance Ministry agrees to give 8.8% interest on EPF: Bandaru Dattatreya

Fri, Apr 29, 2016

After the nationwide protest by trade unions against lowering of EPF interest rate, Labour Minister Bandaru Dattatreya on Friday said that Finance Ministry has agreed to give 8.8% interest on Employee Provident Fund (EPF).

Trade unions to hold day-long protest today on lowering of EPF interest rate

Trade unions to hold day-long protest today on lowering of EPF interest rate

Fri, Apr 29, 2016

The trade unions including Indian National Trade Union Congress (INTUC), All India Trade Union Congress (AITUC), Centre of Indian Trade Unions (CITU) and All India United Trade Union Centre (AIUTUC) will join the protest.

Nationwide protest by trade unions on Friday over EPF interest rate

Nationwide protest by trade unions on Friday over EPF interest rate

Thu, Apr 28, 2016

The ministry decided to ratify 8.7% interest rate on Employees Provident Fund for 2015-16 fiscal

Finance Ministry defends lower EPF rate, cites lower earnings of EPFO

Finance Ministry defends lower EPF rate, cites lower earnings of EPFO

Wed, Apr 27, 2016

A Finance Ministry source said the decision was based on "pure arithmetic calculation" and is aimed at ensuring sustainability of the EPFO.

Arun Jaitley lowers EPF rate to 8.7% for FY16; trade unions protest

Arun Jaitley lowers EPF rate to 8.7% for FY16; trade unions protest

Tue, Apr 26, 2016

Trade unions including RSS-backed Bharatiya Mazdoor Sangh (BMS) have lodged their protest against the Finance Ministry's decision of lowering the interest rate approved by the Central Board of Trustees (CBT).

EPFO bats for 'One Employee One EPF Account'

EPFO bats for 'One Employee One EPF Account'

Mon, Apr 25, 2016

Joy also informed his colleagues that EPFO proposes to launch a system of 'One Employee one EPF Account' on May 1.

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