PM Viksit Bharat Udyog Yojana: ₹1 Lakh Cr Outlay, 3.5 Cr Jobs Target for First-Time Workers

Cabinet Raises EPFO Wage Ceiling to ₹25,000; 51 Lakh More Workers Covered from Sept 17

Union Cabinet has approved raising the wage ceiling for mandatory EPFO coverage from ₹15,000 to ₹25,000 per month, effective September 17. This will bring 51 lakh additional workers under EPFO, EPS, and EDLI schemes, with annual government outgo increasing by ~₹1,089 crore.

Cabinet Raises EPFO Wage Ceiling to ₹25,000, 51 Lakh More Workers Covered; EPS Minimum Pension Unresolved

The Union Cabinet has raised the wage ceiling for mandatory EPFO coverage from ₹15,000 to ₹25,000 after a 12-year gap, bringing an additional 51 lakh workers under social security. However, the minimum pension of ₹1,000 per month remains unchanged since 2014, with 45% of 82 lakh pensioners receiving that amount or less, sparking demands for urgent revision.

EPFO Wage Ceiling Hiked to ₹25,000 After 12 Years: 8 Cr Subscribers Impacted

The Ministry of Labour has raised the EPFO wage ceiling from ₹15,000 to ₹25,000 after 12 years, expanding mandatory social security coverage to over 51 lakh additional workers. While this boosts retirement savings and formalisation, it may reduce take-home pay for employees earning between ₹15,000 and ₹25,000 and increase costs for employers, especially MSMEs.

Ayushman Bharat PM-JAY: 60 Cr Beneficiaries, 13 Cr Treatments, ₹2 Lakh Crore Savings in 8 Years

Ayushman Bharat PM-JAY, the world's largest health insurance scheme, completes 8 years with 60 crore beneficiaries, 13 crore hospitalisations, and ₹2 lakh crore in savings. The scheme provides ₹5 lakh cashless cover per family annually, with 48.5 crore Ayushman cards issued. This news is significant for exams as it tests understanding of India's health infrastructure and government welfare schemes.

EPFO Wage Ceiling Raised to ₹25,000: Mandatory Coverage for 51 Lakh More Employees

The Union Cabinet raised the EPFO wage ceiling from ₹15,000 to ₹25,000 per month, bringing over 51 lakh additional employees under mandatory social security coverage. The move aims to formalise employment and strengthen retirement savings, but trade unions call it "too little too late" while MSMEs worry about increased contribution burden.

NFSA Amendment Replaces 35 kg AAY Rations with 7 kg Per Capita, Cuts 80% for Solo Women

The proposed amendment to the National Food Security Act (NFSA) replaces the 35 kg monthly household ration for Antyodaya (AAY) families with a per-capita system of 7 kg per person (capped at 35 kg). This will drastically cut entitlements for 53% of AAY households (those with fewer than 5 members), hitting the poorest hardest — especially 1 million single women, mostly widows, who will lose 80% of their foodgrain.

US DHS Proposes Eliminating H-1B 60-Day Grace Period: Key Impact on Indian Workers

The US Department of Homeland Security is proposing to eliminate the 60-day grace period for H-1B workers after job loss. If finalized, this will severely impact Indian professionals, who received 71% of all approved H-1B petitions in 2024, by removing the current window to find new sponsorship or change visa status.

Parliamentary Panel Flags DDU-GKY Employment Gap; 18.38 Lakh Trained, 11.94 Lakh Placed

A parliamentary committee has found that many candidates trained under the Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) are not securing jobs or are underpaid, and fund utilization across major rural skilling schemes is poor. This highlights systemic skill-employment mismatch and the need for robust placement tracking and post-placement support.