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The Union Cabinet chaired by Prime Minister Narendra Modi on Saturday approved the Unified Pension Scheme (UPS) for government employees, which will provide an assured minimum pension and a family pension. Around 23 lakh Central government employees will benefit from the Unified Pension Scheme. These employees will now have the option to choose between the New Pension Scheme (NPS) and the Unified Pension Scheme. The state governments will also be given the option to opt for the Un...
Cabinet approves Unified Pension Scheme, 23 lakh government employees to benefit
The Centre on Thursday informed that 21.67 lakh new employees were enrolled under the ESIC scheme in June, ensuring social security to more workers. The year-on-year (YoY) analysis showed a growth of 7 per cent in net registrations compared to June 2023. As per provisional payroll data of ESIC (Employees' State Insurance Corporation), 10.58 lakh young employees up to the age group of 25 years constitute new registrations. According to the data, 13,483 new establishments wer...
21.67 lakh new workers enrolled in ESIC scheme in June, 10.58 lakh young employees
Job portals have witnessed a surge of 22 per cent in job postings in India over the past year, a new report showed on Tuesday. According to HR recruitment company CIEL HR, the number of job postings in December 2022 was 7,143, while in February 2024 it was 8,746. About 65 per cent of Indian startups are now planning to ramp up hiring over the next six months. The report is based on the analysis of 130,896 employees working in 70 startups operating in the country. Last year, the st...
Job portals saw 22 pc surge in job postings in India over past year
Embattled edtech company Byju’s was expected to release salaries for the month of May for its employees on Monday, after several delays earlier owing to a severe cash crunch and mounting legal battles. Sources close to the development told IANS that the salaries for May have been processed for employees and “will be credited today”. The salaries this time have been paid from the company's "collections", they added. The ability to cover salary exp...
Byju`s paying employee salaries for May from `collections`
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