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EPFO investment corpus doubles to Rs 24.75 lakh crore in 5 years The total amount in the investment corpus of the Employees’ Provident Fund Organisation (EPFO) more than doubled in the past five years to Rs 24.75 lakh crore in the financial year 2023-2024 from Rs 11.1 lakh crore 2019-20, according to official figures.  EPFO invests funds in accordance with the pattern of investment notified by the Department of Financial Services, Ministry of Finance. These investments have been made in Debt Securities and Exchange-Traded Funds, as per the pr...
EPFO investment corpus doubles to Rs 24.75 lakh crore in 5 years
EPFO investment corpus doubles to Rs 24.75 lakh crore in 5 years
Source: IANS
2024-12-04 02:02:12 pm
ESIC working on convergence with AB-PMJAY; will benefit 14.43 Cr beneficiaries: Centre The Centre is working on converging the Employees’ State Insurance Corporation (ESIC) with Ayushman Bharat- Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), a move that will extend medical care benefits under the flagship programme to 14.43 Crore ESI beneficiaries, the Ministry of Labour and Employment said on Thursday.  The ministry informed that ESIC is working at expanding healthcare access to the workforce and their dependents under the guidance of Labour and Employment Minister...
ESIC working on convergence with AB-PMJAY; will benefit 14.43 Cr beneficiaries: Centre
ESIC working on convergence with AB-PMJAY; will benefit 14.43 Cr beneficiaries: Centre
Source: IANS
2024-11-28 11:45:33 am
EPFO playing key role in providing social security, financial stability to millions: Minister The Employees' Provident Fund Organisation (EPFO) has played a pivotal role in providing social security and financial stability to millions of members across the country, Union Minister for Labour and Employment, Dr Mansukh Mandaviya, has stressed.  In his keynote address at an event in the national capital, Dr Mandaviya lauded the transformative journey of EPFO, underscoring its critical role in managing a vast corpus of savings for its members and enhancing social security prov...
EPFO playing key role in providing social security, financial stability to millions: Minister
EPFO playing key role in providing social security, financial stability to millions: Minister
Source: IANS
2024-11-16 09:49:09 am
78 lakh EPS pensioners to benefit as new payment system clears pilot run Union Minister of Labour and Employment, Dr Mansukh Mandaviya, on Friday announced the successful completion of pilot run of the new Centralised Pension Payments System (CPPS) under the Employees’ Pension Scheme 1995 aimed at enhancing pension services.  He said that the pilot run was completed on October 29-30 with the pension disbursement of about Rs 11 crore for October to more than 49,000 EPS pensioners of Jammu, Srinagar and Karnal regions. The new system enables pension...
78 lakh EPS pensioners to benefit as new payment system clears pilot run
78 lakh EPS pensioners to benefit as new payment system clears pilot run
Source: IANS
2024-11-08 04:25:24 pm
India’s unemployment rate to come down below 3% in the future: Mansukh Mandaviya Union Labour Minister Mansukh Mandaviya has said that there is no need for concern about job losses and there is no lack of jobs. Mandaviya stated that the country's unemployment rate would come down below 3 per cent in the future.  He said the current unemployment rate is 3.2 per cent. It came down from 6 per cent in the 2017-18 period as employment generation has taken place under the Prime Minister Narendra Modi-led government. He also said the labour force participation has...
India’s unemployment rate to come down below 3% in the future: Mansukh Mandaviya
India’s unemployment rate to come down below 3% in the future: Mansukh Mandaviya
Source: Accord Fintech
2024-07-30 12:49:49 pm
27 bulk drug park projects, 13 factories for medical devices inaugurated under PLI scheme Union Health Minister Mansukh Mandaviya on Saturday virtually inaugurated 27 greenfield bulk drug park projects and 13 greenfield manufacturing plants for medical devices under the production linked incentive (PLI) scheme. Addressing the inauguration event, Union Minister Mandaviya said, "It is noteworthy that today India has not only reduced its dependence on the import of medicines, API and medical devices, the country is also emerging as a major exporter of these products, thanks t...
27 bulk drug park projects, 13 factories for medical devices inaugurated under PLI scheme
27 bulk drug park projects, 13 factories for medical devices inaugurated under PLI scheme
Source: IANS
2024-03-03 09:02:12 am
Government launches scheme to boost Medtech startups The government launched the MedTech Mitra platform on Monday as part of a strategic initiative to empower India’s MedTech innovators and reduce the country’s dependence on imported medical devices. “MedTech Mitra is a platform that will help the young talents of the country by holding their hands to give final shape to their research and help them in getting regulatory approval,” Health Minister Mansukh Mandaviya said at the inaugural event. Lauding the initiativ...
Government launches scheme to boost Medtech startups
Government launches scheme to boost Medtech startups
Source: IANS
2023-12-25 03:18:47 pm
Indian biotechnology industry set to reach $300 billion by 2030:Mansukh Mandaviya India's biotechnology industry, poised to become the cornerstone of health treatment, has experienced eightfold growth in the past eight years, Union Health Minister Mansukh Mandaviya said on Monday Addressing the Biotechnology Summit, which was held virtually ahead of the Vibrant Gujarat Summit scheduled for next month, he projected that the industry would reach a valuation of $150 billion by 2025 and $300 billion by 2030. Mandaviya also highlighted that biomanufacturing holds the ...
Indian biotechnology industry set to reach $300 billion by 2030:Mansukh Mandaviya
Indian biotechnology industry set to reach $300 billion by 2030:Mansukh Mandaviya
Source: IANS
2023-12-12 09:39:11 am