Narendra Modi to take oath as PM on May 30

Narendra Modi will take oath for a second consecutive term as Prime Minister on May 30 at 7 pm in Rashtrapati Bhavan, along with members of the Union Council of Ministers.

President Ram Nath Kovind will administer the oath and secrecy of the Prime Minister and other members of the Union Council of Ministers, a statement issued by the President’s Office mentioned.

“The President will administer the Oath of Office and Secrecy to the Prime Minister and other members of Union Council of Ministers on 30.05.2019 at 07.00 p.m. at Rashtrapati Bhavan,” the press statement read.

Riding on muscular nationalism and a strident anti-Congress plank spearheaded by Modi, the BJP on May 23 got an overwhelming majority in the Lok Sabha, crossing on its own the 300 seat mark while storming back to power for the second consecutive term.

The BJP, which had won 282 seats in the 2014 Lok Sabha elections, managed to increase its tally and notched up 303 seats in the 2019 elections.

This will be the first time when a non-Congress party has managed to secure a majority on its own for the second consecutive term after Indira Gandhi had won in 1971. Earlier, Jawaharlal Nehru had performed that feat.

ANI

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Prime Minister Narendra Modi today said the government will bring to Parliament a bill to amend the Bonus Act with a view to enhance the benefits for the working class.

“We are going to bring an important (bill) in this House (to amend) Bonus Act.The Cabinet has already approved it. This is a very important bill for our workers. We are taking decisions and working for welfare of the labour class,” Modi said while replying to a two-day long debate in the Lok Sabha to commemorate the Constitution Day and the 125th birth anniversary of Dr B R Ambedkar.

The Cabinet had earlier decided to double the wage ceiling for calculating bonus to Rs 7,000 per month for factory workers and establishments with 20 or more workers.

The bill also seeks to enhance the eligibility limit for payment of bonus from the salary or wage of an employee from Rs 10,000 per month to Rs 21,000.

Modi also said that the government has fixed the minimum pension under the EPF scheme at Rs 1,000 per month.
He said earlier people were getting pensions as low as Rs 7 and Rs 20 per month which was even insufficient to cover the transport cost.

While talking about these issues, Modi hailed Baba Saheb Ambedkar for providing in the Constitution a cap of eight hours a day on working hours for labourers.

The Payment of Bonus Act 1965 is applicable to every factory and other establishment in which 20 or more persons are employed on any day during an accounting year, he said.

As per the Cabinet decision, the new norms would come into force from April 1, 2015. The bill also provides for a new proviso in Section 12 which empowers the central government to vary the basis of computing bonus.

At present, under Section 12, where the salary or wage of an employee exceeds Rs 3,500 per month, the minimum or maximum bonus payable to employees are calculated as if his salary or wage were Rs 3,500 per month.

Source: http://www.deccanherald.com/

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One Rank One Pension: Meeting of Military veterans with Parrikar inconclusive, threaten to go on hunger strike

Read at Financial Express

PM Modi is committed to ‘one rank one pension’ scheme: Defence expert

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