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

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 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.

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.

ESIC Report Warns Against Privatisation, Recommends ₹33,000 Wage Ceiling, Panchdeep 2.0 Rollout

The 'ESI Ki Baat' report by Safe In India warns against privatisation of ESIC and recommends raising the wage ceiling to ₹33,000 from ₹21,000 to expand coverage. It also highlights the rollout of Panchdeep 2.0 digital platform and stresses that private involvement must be strictly regulated.

NPPA Raises Ceiling Prices of Cisplatin, Carboplatin by 50% Amid Shortage

India is in the grip of a critical nationwide shortage of cisplatin and carboplatin, two essential chemotherapy drugs, caused by a doubling in platinum prices and West Asia shipping disruptions. The NPPA has temporarily raised price caps by 50% to push manufacturers to restart production, making this a key case study on drug pricing regulation, public health preparedness, and supply-chain vulnerability for exams.

India's Q1 GDP Growth at 7.8% but Raises Concerns on Jobs, Wages & Investment

MoSPI reported India's Q1 2026-27 GDP growth at 7.8% constant and 10.3% nominal. However, the article by P Chidambaram highlights deep structural concerns: high youth unemployment (16.2%), 8.7 crore NEET youth, negative real wage growth for casual workers, stagnant manufacturing at 13% of GVA, and low private capex. The data raises questions on whether growth is percolating to citizens.

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.

MCA Data Reveals Only 9 Women CEOs, 25 MDs in India's Top 500 Listed Companies

Ministry of Corporate Affairs data tabled in Lok Sabha reveals severe underrepresentation of women in top corporate leadership: only 9 CEOs and 25 MDs among India's 500 largest listed companies. This directly impacts the UPSC/state PSC themes of women empowerment, corporate governance, and the effectiveness of legal mandates under the Companies Act, 2013.