1) The document is a circular from the Employees' State Insurance Corporation notifying staff of amendments to the Employees' State Insurance (Central) Rules, 1950.
2) The amendments increase certain benefit rates and ceilings, such as increasing daily sickness benefit to 70% of wages and minimum maternity benefit to Rs. 25.
3) Regional Directors and Joint Directors are advised to ensure compliance with the amended rules from July 1, 2011 onwards.
This material is a part of our PGPSE programe. Our programme is available for any student after class 12th / graduation. AFTERSCHO☺OL conducts PGPSE, which is available free to all online students. There are no charges. PGPSE is a very rigorous programme, designed to give a comprehensive training in social entrepreneurship / spiritual entrepreneurship. This programme is aimed at those persons, who want to ultimately set up their own business enterprises which can benefit society substantially. PGPSE is a unique programme, as it combines industry consultancy, business solutions and case studies in addition to spirituality and social concerns. You can read the details at www.afterschoool.tk or at www.afterschool.tk
This material is a part of our PGPSE programe. Our programme is available for any student after class 12th / graduation. AFTERSCHO☺OL conducts PGPSE, which is available free to all online students. There are no charges. PGPSE is a very rigorous programme, designed to give a comprehensive training in social entrepreneurship / spiritual entrepreneurship. This programme is aimed at those persons, who want to ultimately set up their own business enterprises which can benefit society substantially. PGPSE is a unique programme, as it combines industry consultancy, business solutions and case studies in addition to spirituality and social concerns. You can read the details at www.afterschoool.tk or at www.afterschool.tk
Content Marketing That Wins: Making Brands, Readers AND Google HappyCramer-Krasselt
Remember when a content marketing plan might have consisted of a single blog post a week? With consumers constantly bombarded with news and content via an ever-expanding array of media and social platforms, brands have been pressed into a “content arms race” that has them posting to blogs, Twitter, Facebook, Google+, Vine, Instagram, Pinterest, etc. every single day. They’re even using automated content creation and curation platforms to feed the beast and stay at the top of search rankings. But how much of this activity actually serves a brand’s business goals? Or truly engages consumers?
During this session, Cramer-Krasselt search, social and content strategists Nick Papagiannis, Steve Radick and Scott Smith offer an integrated perspective and concrete tips to escape this numbers game and instead create high-quality content that reinforces your brand, delivers value to your customers and meets the needs of the mighty search engine.
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OBJECTIVE :
1. To Provide for fixing minimum rates of wages in certain employments.
2. The provision of the act are intended to achieve the object of doing social justice to the worker employed in the scheduled employment by prescribing minimum rate of wages for them.
3. To achieve to prevent exploitation of labour & for that purpose the authorities under the act have been empowered to take step to prescribe minimum rate of wages in the scheduled industries.
MINIMUM RATE OF WAGE:
The minimum rates of wages may be fixed for different scheduled employments, different classes of work, in the same scheduled employments, adults, adolescents, children & apprentices & for different localities.
The Act is being implemented by the Central & State Government , & such as both are empowered to frame rules.
Minimum rate of the wages fixed or revised consists of the following:-
a basic rate of wages & a special allowance i.e. cost of living allowance;
a basic rate of wages with or without cost of living allowance & cash value of supplies of essential commodities;
an all inclusive rate, i.e. basic rate, cost of living allowance & cash value of concessions.
The Government may fix the minimum rates of wages either by the hour, day, month or by such large wage-period as may be prescribed which may be revised at intervals & reviewed, if felt necessary.
The employer must pay every employee wages so fixed as notified by the Government.
Aimed at helping investors and accelerating growth, the Government is planning new labour legislation that would merge 44 labour laws under four categories -- wages, social security, industrial safety & welfare, and industrial relations.
All the four Labour Codes have now been passed in both the houses of the parliament and President's assent obtained. As industries across India are busy decoding the codes, they are also trying to understand the possible impact the could make, when the date of commencement likely shortly, is announced. They would like to make policy decisions, if need be, to stay compliant because of the introduction of the Codes.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
1. --- IMPORTANT/MOST URGENT
SPEED POST
•
HQRS.OFFICE
EMPLOYEES' STATE INSURANCE CORPORATION
PANCHDEEP BHAVAN, CIG ROAD, NEW DELHI-110 002
E-mail: dir-pncl@esic.nic.in, Phone/Fax-Oll-232388 10: VOIP no.-lOOll038 .
No. X-11/14/1/2002-P&D Dated: '21/06/2011
CIRCULAR
Subject: Amendments in Employees' State Insurance (Central) Rules,
Rules, 1950.
Sir,
A copy of the Notification No. S-38012/1/2011-SS.1. dated
15/6/2011 issued by the Central Government carrying out further
amendments in Employees' State Insurance (Central) Rules, 1950 is enclosed
herewith for information and immediate necessary action. The Gazette of India
amending above Rules is awaited from the Govt. Press and will be sent to all
concerned immediately after the same is received.
(2) The amendments as carried out as per above Notification are
effective from 01/07/2011. Therefore, all Regional Directors / Joint
Directors (I/C) are advised to ensure that the amendments are complied with
from above date.
Encl: 4 pages.
Hindi version will follow
I
(R.C.SHARMA)
Director (P&D)
(1) Additional Commissioner (Benefits), Hqrs. Office.
(2) Joint Director (Benefits), Hqrs. Office.
(3) All Regional Directors/ Joint Directors (I/C), SROs/Divisional
Offices for immediate compliance.
(4) PS to Insurance Commissioner.
/copy forwarded to: - Joint Director (System). It is requested that this circular
alongwith copy of Notification may kindly be uploaded on official wfbsite
immediately. ~(J
(H.K.MEHTA) _
DEPUTY DIRECTOR (P&D)
2. OJ
[To be published in the Gazette of India, Extraordinary, Part 11,Section 3, Sub-section (i)]
GOVERNMENT OF INDIA
MINISTRY OF LABOUR AND EMPLOYMENT
New Delhi, the
NOTIFICATION
G.S.R. (E).- Whereas certain draft rules further to amend the Employees' State
Insurance (Central) Rules, 1950, were published as required by sub-section (1) of section 95 of
the Employees' State Insurance Act, 1948 (34 of 1948), vide notification of the Govemment of
India in the Ministry of Labour and Employment, number G.S.R. 230 (E). dated the
23'd March, 2011, in the Gazette of India, Extraordinary, Part 11,Section 3, Sub-section (:). dated
the 23'd March, 2011, inviting objections and suggestions from all persons likely to be affected
thereby before the expiry of the period of thirty days from the date on which the cop.es of the
Gazette of India in which the said notification was published, were made available to the public;
And whereas, the copies of the said Gazette were made available to the public on
23'd March, 2011;
And whereas no objection or suggestion has been received from any pers ; -, in this
regard;
Now, therefore, in exercise of the powers conferred by section 95 of the E~::;oyees'
State Insurance Act 1948, the Central Government. after consultation with the = -: oyees'
State Insurance Corporation, hereby makes the following rules further to amend the c- c.oyees'
State Insurance (Central) Rules, 1950, namely: -
1 (1) These rules may be called the Employees' State Insurance (Central) Amendment
Rules, 2011.
(2) They shall come into force with effect from the 1st day of July, 2011.
2 In the Employees' State Insurance (Central) Rules, 1950, -
MW.~",=--
~~IF'1
. ~.:iUo" u
(
3. (1 ) in rule 2, -
(i) for clause (1A), the following clause shall be substituted, namely: -
'(1A) "average daily wages during a contribution period" in respect of an
employee, means the aggregate amount of wages payable to him during
that period divided by the number of days for which such wages were
payable;';
(ii) for clause (7A), the following clause shall be substituted, namely: -
'(7A) "standard benefit rate" means average daily wages obtained by
dividing the total wages paid during the contribution period by the number
of days for which these wages were paid;';
(2) in rule 52, for the words "rupees seventy", the words "rupees one hundred"
shall be substituted;
(3) rule 54 shall be omitted;
(4) in rule 55, for sub-rule (2), the following sub-rule shall be substituted:
namely: -
"(2) The daily rate of sickness benefit in respect of a person during any
benefit period shall be seventy per cent. of the standard benefit rate of that
person during the corresponding contribution period rounded to the nex;
higher rupee.";
(5) in rule 56, for sub-rule (5), the following sub-rule shall be substitute;
namely: -
"(5) The daily rate of maternity benefit payable in respect of confinement
occurring or expected to occur during any benefit period shall be equal to
the standard benefit rate in respect of the insured woman during the
corresponding contribution period; rounded to the next higher rupee, or
rupees twenty-five, whichever is higher.";
(6) in rule 57, for sub-rule (3), the following sub-rule shall be substituted..
namely: -
4. ->-
"(3) The daily rate of disablement benefit shall be ninety per cent. of the
standard benefit rate in the contribution period corresponding to the
benefit period in which the employment injury occurs, rounded to the next
higher rupee:
Provided that where an employment injury occurs before commencement
of the first benefit period in respect of a person, the daily rate of
disablement benefit shall be -
(i) where a person sustains employment injury after the expiry of the
first wage period in the contribution period in which the injury occurs,
ninety per cent. of his average daily wages in that wage period, rounded to
the next higher rupee;
(ii) where a person sustains employment injury before the expiry of the
first wage period in the contribution period in which the injury occurs,
ninety per cent. of his wages actually earned or which would have been
earned, had he worked for a full day on the date of accident, rounded to
the next higher rupee.
Explanation. - The disablement benefit calculated as aforesaid shall be
called the "full rate.";
(7) in rule 58, for sub-rule (2), the following sub-rule shall be substituted,
namely: -
"(2) The daily rate of dependant's benefit shall be ninety per cent. of the
standard benefit rate in the contribution period corresponding to the
benefit period in which the employment injury occurs:
Provided that where an employment injury occurs before the
commencement of the first benefit period in respect of a person, the daily
rate of dependants' benefit shall be -
5. (i) where a person sustains employment injury after the expiry of the first
wage period in the contribution period in which the injury occurs, ninety
per cent. of his average daily wages during that wage period rounded to
the next higher rupee;
(ii) where a person sustains employment injury before the expiry of the
first wage period in the contribution period in which the injury occurs,
ninety per cent. of wages actually earned or which would have been
earned had he worked for a full day on the date of accident, rounded to
the next higher rupee.".
[No. S-38012/1/2011-SS-11
~1~
(RAVI MATHUR)
Add. Secretary to the Govt. of India
Note: The principal rules were published in the Gazette of India, Part 11,Section 3, Sub-section (i) vide
nd
notification number S.R.O. 212, dated the 22 June, 1950 and last amended vide notification
rd
number G.S.R. 229 (E), dated the 23 March, 2011.