Govt hikes gratuity limit to Rs 30 lakh; announces Mega Pension Scheme
New Delhi, Feb 1 : The Government Friday decided to hike the gratuity limit from Rs 10 lakh to Rs 30 lakh and also announced a Mega Pension Yojana under which Rs 3,000 per month will given to unorganised sector employees.
Presenting the interim budget for 2019-20, Finance Minister Piyush Goyal said the Mega Pension Yojana -- 'Pradhan Mantri Shram Yogi Mandhan (PMSYM)' -- will benefit 10 crore workers in the unorganised sector.
"It may become the world's biggest pension scheme for unorganised sector in five years," Goyal said.
He said 50 per cent of the country's Gross Domestic Produce (GDP) comes from "sweat and toil of 42 crore workers in the unorganised sector."
The Finance Minister also announced increase of gratuity limit from Rs 10 lakh to Rs 30 lakh from the next fiscal.
Under the PMSYM, Goyal said a monthly pension of Rs 3,000 per month will be assured for workers in the unorganised sector after 60 years of age. The pensioners will have to contribute Rs 100 per month.
High growth and formalisation of economy has resulted in increased Employees' Provident Fund Organisation (EPFO) membership by 2 crore in last two years, he added.
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AIITA welcomes Karnataka’s ban on obscene songs in school events
Bhatkal: The Karnataka unit of the All India Ideal Teachers Association (AIITA) has welcomed the Karnataka government’s decision to strictly ban school children from dancing to obscene songs during educational and cultural programmes in government, aided, and private schools across the state.
AIITA Karnataka State President M. R. Manvi congratulated the government for taking what he termed an important step to preserve the sanctity of education.
“Such decisions to safeguard the dignity of school children and uphold the values of education are the need of the hour. This rule should not be limited to government schools alone but must be strictly implemented in all private educational institutions as well,” he said.
He further urged the government to address other concerns within school programmes.
“The government should not only prohibit obscene dances in the name of school anniversaries, but also ensure that plays and dialogues that incite religious hatred are avoided. Schools should be centres of harmony, not platforms for spreading hatred,” he added.
According to a recent circular issued by the Department of School Education and Literacy, obscene dances are adversely affecting the mental health and moral values of students.
In this regard, schools have been advised to use songs that promote nationalism, positive thinking, the greatness of Kannada culture, and value-based traditions instead of inappropriate content during programmes.
The circular also emphasises that students should be dressed in decent attire.
AIITA also backed the department’s warning that disciplinary action would be taken against head teachers if such guidelines are violated. The association has further demanded that district Deputy Directors of Public Instruction strictly monitor the implementation of these rules.
