Friday, February 13, 2015

Meeting on Amendment in EPF & MP Act, 1952

Meeting on Amendment in EPF & MP Act, 1952

Press Information Bureau
Government of India
Ministry of Labour & Employment
12-February-2015

Shri Bandaru Dattatreya Chairs Tripartite Meeting on Amendment in EPF & MP Act, 1952

The Union Minister of State (Independent Charge) for Labour & Employment, Shri Bandaru Dattatreya has chaired the tripartite meeting on the proposed amendments to Employees’ Provident Funds and Miscellaneous Provisions Act’ 1952 in New Delhi yesterday.

The main proposal for amendments in the Employees’ Provident Fund & Miscellaneous Provisions Act’ 1952 are to bring the threshold of coverage from 20 employees to 10 employees. This will ensure a wider coverage and extension of social security benefits to hitherto uncovered areas. The ‘Schedule of Industries’ provided in the Act has already grown to more than 182 industries. The Government proposes to do away with the ‘Schedule of Industries’ and come up with a ‘Negative List’. It is also proposed to reduce the size of the CBT to make it an active decision making body. In order to remove the discretion, a limit of 5 years has been proposed in regard to assessment of dues against the establishment. However, to reduce the problems arising out of ex-parte assessments etc., a new appellate provision by appointment of Appellate Officer has also been proposed. To avoid protracted litigation, provisions for compounding of offences in deserving cases has been introduced. Uniformity in regard definitions of ‘Wages’ is proposed to be introduced in line with the ESI Act. The Government of India is also contemplating promulgation of a comprehensive Labour Code on Social Security to bring together all legislations relating to social security.
The representatives of prominent trade unions like CITU, AITUC, INTUC, BMC, AICCTU, HMS and TUCC attended the meeting. Representatives of important employers’ associations like FICCI, CII, CIE, PHDCCI, ASSOCHAM etc. attended the consultations. Officers from Ministry of Labour & Employment and other Ministries of Central Government and NITI Aayog were also present.

The Unions and Associations welcomed the Government’s proposal to widen the coverage of EPF & simplification of procedures required for compliance. There was some disagreement regarding reduction in the size of CBT both from Employers’ and Employees’ side.

The Minister responding to suggestions from participants, stated that number of members of CBT will not be reduced and there will be no restriction on the number of terms of members of Central Board of Trustees. He also stressed the need to reduce the threshold limit for application of the EPF & MP Act’ 1952 to 10 employees from the existing 20 employees. He also announced that cards will be provided to unorganized sector workers, one house will be provided to every family of the contributory member. He also promised that Bill for Social Security for Unorganised Sector workers will be brought in. Concluding the discussion, he stated that all the suggestions received during the consultation will be considered while finalizing the Bill.

Source : PIB

0 comments:

Post a Comment

Now Trending

34% DA Order for Central Govt Employees wef 01.01.2022 - Latest CG Employees DA Order Jan 2022

 DA Order for Central Government Employees from Jan 2022 - Finmin Order 2022 Latest CG Employees DA Order Jan 2022 Dearness Allowance payabl...

Disclaimer:

All efforts have been made to ensure accuracy of the content on this blog, the same should not be construed as a statement of law or used for any legal purposes. Our blog "Central Government Staff news" accepts no responsibility in relation to the accuracy, completeness, usefulness or otherwise, of the contents. Users are advised to verify/check any information with the relevant department(s) and/or other source(s), and to obtain any appropriate professional advice before acting on the information provided in the blog.

Links to other websites that have been included on this blog are provided for public convenience only.

The blog "Central Government Staff news" is not responsible for the contents or reliability of linked websites and does not necessarily endorse the view expressed within them. We cannot guarantee the availability of such linked pages at all times.

Any suggestions write to us
centralgovernmentnews@gmail.com