Leave adjustment among seven pointers by CII to Centre as economy restarts

New Delhi: As India slowly restarts certain businesses to bring the economic churning back into the system, a 7-point recommendation is being made by industry body Confederation of Indian Industry (CII) to the Union Labour Ministry.

One of the most prominent suggestions is extending the Provident Fund contribution date. The industry body has been making this suggestion for a while now and the Employees’ Provident Fund Organisation (EPFO) has extended it till May 15.

However, the industry body has now proposed to the Centre to consider the extension of PF contribution from current 30 days to 60 days for each month March, April and May. This, they argued will enable industry to maintain the cash flow.

The recent announcement of PF contribution by the government under Pradhan Mantri Garib Kalyan Yojana is requested to be extended to more establishments. In the letter written to Santosh Kumar Gangwar, the Labour Minister of State (Independent charge), the CII has said, “Given the current economic and social conditions, I would request you to consider extending the benefit of the scheme to more establishments by removing the eligibility cap of 90 per cent drawing salary below Rs 15,000. It is suggested that the benefit be applicable for establishments with up to 100 employees for employees drawing wages less than Rs 50,000. This will ensure the benefit of the scheme to more beneficiaries particularly the MSMEs.”

The industry had conveyed its worry about the health of its workers when businesses started resuming on April 20. Now, the MHA guidelines issued for the commencing business operations mandates the Medical Insurance of the workers. (IANS)

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