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English Release 1-October 2014
Date Month Year
  • President's Secretariat
  • President Congratulates Medal Winners in Asian Games 2014

  • Swatchh Bharat Abhiyan in Rashtrapati Bhavan
  • President Expresses Condolences Over Loss of Lives Due to Crash of Army Helicoper in Bareilly, Uttar Pradesh
  • New E-Payment Gateway System with Additional Features for Online Booking of Visits to Rashtrapati Bhavan Launched

  • Message to the Nation from the President on the eve of Gandhi Jayanti
  • President Expresses condolences over loss of lives due to collision of trains near Gorakhpur, Uttar Pradesh
  • President’s Durga Puja Greetings
  • Vice President's Secretariat
  • VICE PRESIDENT RELEASES BOOK “NEHRU GAZING AT TOMORROW” BY DR. H.R.BHARDWAJ
  • Vice President Greets Citizens on Dussehra
  • Vice President Confers ‘Sir Ross Masood Lifetime Achievement Award for Excellence in Leadership, Education, Community & Public Service-2014’ to Shri Saiyid Hamid
  • Prime Minister's Office
  • PM sanctions ex-gratia for victims of train accident near Gorakhpur District, Uttar Pradesh
  • PM expresses condolences over loss of lives due to collision of trains near Gorakhpur, Uttar Pradesh
  • Text of Remarks by Prime Minister Narendra Modi at the Joint Press Briefing with President Barack Obama
  • English Rendering of Remarks by Prime Minister Narendra Modi at the Joint Press Briefing with President Barack Obama
  • Joint Statement during the visit of Prime Minister to USA
  • Election Commission
  • Gaming Your Way to Democracy: ECI Launches Video Game to Educate Voters
  • Min of Civil Aviation
  • Hon’ble Minister of Civil Aviation Launched the Massive Cleanliness Campaign under “Swachh Bharat Mission” at Airports across the Country.
  • Min of Consumer Affairs, Food & Public Distribution
  • Ram Villas Paswan undertakes surprise checks to see cleanliness in his Ministry
  • Min of Corporate Affairs
  • CCI issues order against Super Cassettes Industries Limited for abusing dominant position, imposes penalty of Rs. 2.83crores
  • Min of Defence
  • Defence Accounts Department Celebrates Its 267th Anniversary
  • Air Marshal Jajgeet Singh takes over as Air Officer-in-Charge maintenance at Air Headquarters
  • 24th Edition of Ind-Indo Corpat Concludes
  • Min of Earth Science
  • Swachh Bharat Campaign at Ministry of Earth Sciences Launched by Dr. Jitendra Singh Amid A Call to Participate in the Cleanliness Drive Whole Heartedly
  • Ministry of Finance
  • Exchange Rate of Foreign Currency Relating to Imported and Export Goods Notified
  • Auction for Sale (Re-Issue) of Government Stocks
  • Different Departments of Ministry of Finance to take Coordinated actions to make Swatchh Bharat Campaign a Great Success; Action Plan Drawn to keep the Office Premises Neat and Clean; Goal is to Provide an Aesthetic and Congenial Working Atmosphere for one and all
  • Due Date of Deposit of Tax Deducted at Source/Tax Collected at Source during the Month of September, 2014 extended from 7th October, 2014 to 10th October, 2014
  • Repayment of 7.56% Government Stock 2014 and 11.83% Government Stock 2014 on November 03, 2014 and November 12, 2014 Respectively
  • Min of Food Processing Industries
  • Swachhta Abhiyaan Launched in Ministry of Food Processing Industries
  • Min of Health and Family Welfare
  • “Combine Ram Lila revelry with health checks”: Dr Harsh Vardhan
  • Large turnout on National Voluntary Blood Donation Day
  • Min of Home Affairs
  • Cleanliness Drive in the Ministry of Home Affairs Under ‘Swachh Bharat’ Campaign
  • PIO Card valid for Life Time
  • Show Cause Notices to Associations for not Filing Mandatory Annual Return
  • Min of Human Resource Development
  • Union HRD Minister Smriti Irani Releases a Handbook – Swachh Bharat Swachh Vidyalaya
  • Min of New and Renewable Energy
  • MOU Signed for First Ever Offshore Wind Power Project in India
  • Min of Personnel, Public Grievances & Pensions
  • Combined Defence Services Examination (II), 2014
  • Early closure of some Government Offices today
  • The President of India authorises Shri Rajiv as Central Vigilance Commissioner
  • Min of Petroleum & Natural Gas
  • “Mission Swachh Bharat”
  • Daily Crude oil price of Indian Basket was US$ 95.34/bbl on 30.09.2014
  • Min of Power
  • Message of Piyush Goyal on the Eve of Launch of “Swachh Bharat Mission”
  • Power, Coal, MNRE PSUs to Construct 50,000 Toilets in Schools
  • Ministry of Railways
  • Railway Minister Expresses his Profound Grief Over the Loss of Innocent Lives in Train Accident Near Gorakhpur in Uttar Pradesh
  • Min of Science & Technology
  • Dr. Jitendra Singh launches campaign of ‘Swatchh Bharat Mission’ in the Ministry of Science and Technology
  • Min of Skill Development, Entrepreneurship, Youth Affairs and Sports
  • ‘Punarjagaran’- Mass Awakening Campaign for youth to be launched on 2nd October, 2014
  • India’s Performance on Day 12 of Asian Games 2014
  • Min of Social Justice & Empowerment
  • National Awards for Senior Citizens – Vayoshreshtha Samman 2014 presented
  • Thaawar Chand Gehlot flags off Walkathon on the International Day of Older Persons

Previous Date

 
Ministry of Overseas Indian Affairs18-September, 2008 14:38 IST
Cabinet approves Social Security Agreement between India and France

Major Benefits to Indian Work Force in France
The Union Cabinet today approved the signing of a Social Security Agreement between India and France that will result in major benefits for Indian nationals working in France. Under the agreement, workers on short term contract up to 5 years, do not have to make any social security contribution provided they continue to make social security payment in India. These benefits shall be available even when the Indian company sends its employees to the French Republic from a third country. Indian workers shall be entitled to the export of the social security benefit if they relocate to India after the completion of their service in France. The self-employed Indians in France would also be entitled to export of social security benefit on their relocation to India. The period of contribution in one contracting state will be added to the period of contribution in the second contracting state for determining the eligibility for social security benefits.

India and France had finalised the social security agreement after negotiations held in New Delhi from 26-29 August, 2008. The agreement is likely to be signed by the two countries later this month.

There are about 2,85,000 Indians in France. Out of this, a large number of Indians are working as professionals and self employed persons. Therefore, a bilateral social security agreement with France is a significant requirement from the point of view of the Indians working there.

Government has already approved signing of similar agreements with Germany, Netherlands, Oman and Bahrain. These agreements are slated to be signed next month. Negotiations are currently being carried on for conclusion of an agreement with Switzerland. Discussions are scheduled with Norway and Sweden in the next few days. India has already signed a Social Security Agreement with Belgium.

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.

Bilateral social security agreements with these countries can protect the interests of Indian professionals persons 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) and 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. Such bilateral agreements also provide for totalisation of insurance periods pertaining to both countries for determination of entitlement to benefits.

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 :42929)

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