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English Release 22-December 2014
Date Month Year
  • President's Secretariat
  • President of India’s message on the eve of National Day of Japan
  • Min of Agriculture
  • Year end Review for the Ministry of Agriculture for the Year 2014-15
  • Min of Chemicals and Fertilizers
  • Revival of Fertilisers and Chemicals Travancore Limited (FACT)
  • Gujarat Chief Minister Mrs Anandiben Patel Discusses Various Projects Relating to the State in the Ministry with Chemicals & Fertilizer Minister Shri Ananth Kumar
  • Min of Civil Aviation
  • Airports Improve in Service Quality
  • Waiting Time within OMDA Standards at Domestic Terminals of IGI Airport
  • Non-aeronautical Revenue of AAI increases
  • Min of Coal
  • Dependent on Coal Mines of end use Projects
  • Auction of Coal Blocks for Power Sector
  • Guidelines for E-Auction of Coal
  • Auction of Coal Blocks
  • Min of Culture
  • Panoramic Imagery of monuments
  • Ticketed Monuments of ASI
  • Funds to Zonal Cultural Centres
  • Min of Defence
  • In Furtherance of the Democratic Process - Employment of IAF Helicopters During Assembly Elections in Jharkhand and J&K
  • Ministry of Finance
  • Auction for Sale (Re-Issue) of Government Stock

  • Most of the States to benefit from GST from day one; Provisions have been Made in the Constitution Amendment Bill on GST to Ensure that none of the States Lose any Revenue after the Implementation of the GST: FM
  • Min of Health and Family Welfare
  • Shri J P Nadda directs central team to visit Chandigarh to support the UT in managing Avian Flu
  • Statement by Shri Jagat Prakash Nadda, Minister of Health & Family Welfare on 22nd December, 2014 in Lok Sabha in response to the call attention motion regarding the situation arising out of spread of “Encephalitis’’ in Uttar Pradesh and other parts of the country and steps taken by the Government in this regard
  • Min of Human Resource Development
  • E-Education Through Broadband Facility
  • ‘Teaching of Science’- A Component of National Curriculum Framework - 2005
  • Higher Education for Person with Special Needs (HEPSN)
  • Min of Labour & Employment
  • Unemployed due to Closure of Industries
  • Registered Unorganised Sector Workers
  • Min of Micro,Small & Medium Enterprises
  • Prime Minister’s Task Force on MSME
  • Performance of MSME Sector
  • Marketing Assistance Scheme under MSME
  • KVIC Schemes
  • Industrial Clusters under SFURTI
  • Workshed Scheme for Khadi Artisans
  • Min of Mines
  • Mining Lease in Tribal Areas
  • Allocation of Bauxite Mines
  • Min of Petroleum & Natural Gas
  • Review of DBTL in Uttar Pradesh through Video Conferencing
  • Demand and Supply of Natural Gas
  • CSR by OMCs
  • Deregulation of Diesel and Natural Gas Pricing
  • Global crude oil price of Indian Basket was US$ 56.91 per bbl on 19.12.2014
  • Min of Power
  • Commissioning of Power Projects
  • Separate Feeders for Farm and Nonfarm Users in Rural Areas
  • Advisory Group for Integrated Development of Power, Coal, and Renewable Energy Submits its Report
  • Ministry of Railways
  • Railway Minister Directs for Formulation of Integrated Policy on Cleanliness
  • Railways Constitutes Task force for Leveraging of Idle Space on Railways to Generate Additional Revenue
  • Railways Vacant Land to be Utilized for Commercial Development Through RLDA
  • Indian Railways Run 1158 Superfast Trains
  • Measures Taken to Strngthen Security on Railways
  • Guidelines for Rauilway Coolies
  • Indian Railways’ Initiatives to Encourage Foreign Investors for Making Investment Under ‘Make In India’ Programme
  • Min of Road Transport & Highways
  • Pilot Projects Launched for Emergency Care of Road Accident Victims
  • Government Approves Scheme for I&C Centres for Motor Vehicles
  • Training for Drivers of Unorganised Sector
  • Min of Science & Technology
  • Understanding Innovation: Indian National Innovation Report by DST
  • Min of Shipping
  • MoU for Commercially Viable Stretches of National Waterway-5
  • No Case of Dumping Hazardous Waste by Ship-breaking
  • Government Takes Initiatives To Increase Coastal Movement of Cargo
  • Min of Steel
  • Health and Safety Records in Steel Sector
  • Mining by Steel PSUS in Foreign Countries
  • Joint Venture in Steel Industry
  • Ministry of Tourism
  • Study to assess impact of International Media Campaign of Ministry of Tourism
  • Central Financial assistance for damage to tourist facilities in Odisha and Andhra Pradesh by Cyclone Hudhud
  • Min of Tribal Affairs
  • Literacy Among Tribals
  • Development Schemes for Tribals
  • Rights of Tribals
  • Min of Women and Child Development
  • The Indian Region Seminar of Commonwealth Women Parliamentarians highlights need for greater safety of women and empowerment at grassroots level
  • Consultative Committee of Women & Child Development Ministry meets to discuss Beti Bachao Beti Padhao scheme

Previous Date

 
Ministry of Overseas Indian Affairs17-September, 2008 16:57 IST
India Poised for Social Security Agreements with Several Countries

Indian Workers Abroad to Get Better Deal
India is set to sign a series of Social Security Agreements with foreign countries for securing a better deal for Indian nationals working abroad. Government has already approved signing of agreements with Germany, Netherlands, Oman and Bahrain. These agreements are slated to be signed next month. An agreement with France is likely to come up for the approval of the Union Cabinet soon. Negotiations are currently being carried on for conclusion of an agreement with Switzerland. Discussions are scheduled with Norway and Sweden in coming days. India has already signed a Social Security Agreement with Belgium.

Bilateral social security agreements with these countries can protect the interests of Indian professionals by securing exemption from social security contribution in case of short-term contracts (provided the worker is covered under the Indian social security system and continues to pay his contribution to the Indian system during the period of contract). The agreement also helps in exportability of benefits in case of relocation to India or any other country after having made social security contribution during a longer term employment, given the social security system extant in most countries. Such agreements would also make Indian companies more competitive since exemption from social security contribution in respect of their employees substantially reduces costs. The agreements also provide for totalisation of insurance periods pertaining to both countries for determination of entitlement to benefits.

Most of the developed countries have an umbrella social security system mandated by law. It is funded through mandatory contribution from all working people and their employers (in a prescribed ratio) in order to provide multiple benefits like old age pension, disability insurance, health insurance and unemployment insurance. Generally the contribution is in the form of a fixed percentage of income subject to a maximum lumpsum limit.

Indian workers are often posted to these countries by their Indian employers on short term contract and during this period they continue to make social security contribution in India as per Indian law. Yet, they are compelled to pay contribution under the host countries legislation too. Moreover, they do not get any benefit from the social security contribution made abroad, because most countries do not allow export of social security benefit. Most countries also have a minimum contribution period criteria as a result of which if a worker stays abroad for a lesser period, the contribution made by him is simply lost. Similarly, the self-employed Indians in these countries despite having made contribution throughout their active life spent in these countries get deprived of any benefits in case they relocate to India in old age, which is often the case. Another disadvantage is that due to the high rate of social security tax, the Indian companies become less competitive while bidding for projects in these countries.

The Overseas Indian Community is estimated at over 25 million people spread across more than 110 countries. The community falls under two categories –the persons of Indian origin (PIOs) and the non-resident Indians (NRIs). The latter segment includes the various categories of overseas Indian workers such as unskilled, skilled, professionals and self-employed. Most of the low skilled Indian workers are concentrated in the Gulf region and Malaysia. Professionals and self-employed Indians are found mostly in developed countries like the EU member states, the USA, Australia, New Zealand, and Japan etc.

The future opportunities for overseas employment are considered high. At present about 54% of the population of India is in the age group below 25 years. By 2020 India will be the world’s youngest nation with a workforce estimated at 820 million as compared to 400 million today. On the other hand the population of most of the developed countries is aging. Obviously, for their sustained economic growth these countries would need a large emigrant workforce in future. This migration is likely to be of short to medium term duration with migrants returning to their home country after completing the employment period. India is likely to become a major source of migrant professionals due to its vast reservoir of technically qualified manpower in sectors like Information Technology, Engineering, Health, Finance and Management.

Akshay rout/vk
(Release ID :42874)

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