Santosh Gangwar

Employees' Provident Fund (EPF) Interest Rate Raised To 8.65% For 2018-19

Business | Edited by Anshul (with inputs from PTI) | Tuesday September 24, 2019

The Labour Ministry has notified 8.65 per cent interest rate on employees provident fund (EPF) for 2018-19. The interest amount will now be credited into the accounts of over 6 crore subscribers of retirement fund body Employees' Provident Fund Organization (EPFO), Union minister Santosh Gangwar said on Tuesday. In an EPF account, the employee cont...

Provident Fund (PF) Subscribers To Get 8.65% Interest For 2018-19: 10 Things To Know

Business | Edited by Anshul (with inputs from PTI) | Wednesday September 18, 2019

Over six crore accounts in the Employees' Provident Fund Organization (EPFO) will be credited with interest at the rate of 8.65 per cent for financial year 2018-19 ahead of the festival season, Labour Minister Santosh Gangwar said. In an EPF or Employees' Provident Fund account, the employee contributes 12 per cent of the salary whereas an equal am...

Petition Filed Against Santosh Gangwar For ''Insulting'' North Indians

India News | Press Trust of India | Tuesday September 17, 2019

A petition has been filed in a Bihar court against Union minister Santosh Gangwar for "insulting" the people of north India by saying that recruiters complain of lack of "quality people" in the region.

"How Many Jobs Have You Given In 5 Years?" Priyanka Gandhi To Minister

India News | Press Trust of India | Tuesday September 17, 2019

Congress General Secretary Priyanka Gandhi Vadra on Monday asked Union Minister Santosh Gangwar to provide figures for jobs provided to people in North India in the last five year.

"Can't Insult North Indians": Priyanka Gandhi Schools Labour Minister

India News | Edited by Chandrashekar Srinivasan | Sunday September 15, 2019

Congress General Secretary Priyanka Gandhi Vadra and former Uttar Pradesh Chief Minister Mayawati today issued sharply-worded responses to Union Minister Santosh Gangwar's comment that appeared to link unemployment levels to the lack of qualified candidates among job seekers in North India

"No Quality In Candidates In North India": Union Minister On Unemployment

India News | Edited by Chandrashekar Srinivasan | Sunday September 15, 2019

A BJP leader and Union Minister has blamed a lack of qualified candidates among job seekers in North India for unemployment levels that touched a 45-year-high of 6.1 per cent in 2017/18, prompting criticism from Congress general secretary Priyanka Gandhi Vadra

From 44 to 4, Centre to Streamline Labour Laws To Bring In Business

India News | Written by Neeta Sharma | Wednesday June 12, 2019

More than 40 labour laws will be shrunk to just four as the Centre plans to make it easier for companies to do business in India and recapture the momentum it lost in the recent months.

Delivery Boy Given Rs 1 Lakh For Saving 10 People In Mumbai Hospital Fire

Mumbai News | Press Trust of India | Tuesday January 1, 2019

Labour Minister Santosh Gangwar on Monday gave a monetary award of Rs 1 lakh to the food delivery boy who saved lives of 10 persons during the fire incident at Mumbai's ESIC hospital.

Mumbai Hospital Fire: Labour Minister Announces Compensation For Victims

Mumbai News | Press Trust of India | Tuesday December 18, 2018

Union Labour Minister Santosh Gangwar on Monday announced Rs 10 lakh each as compensation for the next of the kin of those who died in the massive fire at ESIC Hospital in Mumbai, a statement said.

Not Employed For A Month? You Can Avail 75% Of Your Provident Fund

Business | Press Trust of India | Monday July 23, 2018

An employee, who is not in employment for a month, may be allowed to avail 75 per cent of the total fund standing to his credit, Labour Minister Santosh Gangwar said today.

Sometimes Rapes Can't Be Stopped, Why Make A "Big Deal", Says Union Minister

India News | Edited by Anindita Sanyal | Sunday April 22, 2018

Union minister Santosh Gangwar stepped into controversy today, telling the media that while rape incidents were unfortunate, they could not be stopped sometimes and one should not blow it out of proportion.

EPFO Approves Proposal To Credit ETF Units To Provident Fund Accounts

Business | Press Trust of India | Thursday November 23, 2017

Retirement fund body EPFO on Thursday approved a proposal for crediting exchange traded fund (ETF) units to provident fund accounts of its 4.5 crore members.

Rs 8,040 Crore Loan Given To Vijay Mallya In 2004, Declared NPA In 2009

Business | Indo-Asian News Service | Friday March 17, 2017

Minister of State for Finance Santosh Gangwar told Lok Sabha that the loan of Rs 8,040 crore to the industrialist was declared a non-performing asset (NPA) in 2009.

Fake Notes From SBI ATM: Government To Investigate Matter

Business | Press Trust of India | Thursday February 23, 2017

Minister of State for Finance Santosh Gangwar said the government is not perturbed by the stray incident of fake 2,000 rupee notes bearing 'Children Bank of India' being dispensed from a State Bank of India ATM in South Delhi's Sangam Vihar.

PSBs Registered Net Loss Of Nearly Rs 18,000 Crore In FY16: Santosh Gangwar

Business | Press Trust of India | Friday December 2, 2016

Those who made profits included SBI at Rs 9,951 crore; State Bank of Hyderabad Rs 1,065 crore; State Bank of Bikaner & Jaipur Rs 851 crore and Andhra Bank Rs 540 crore.