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English Release 19-December 2014
Date Month Year
  • President's Secretariat
  • President Mukherjee Receives the President of Bangladesh in Rashtrapati Bhavan
  • Prime Minister's Office
  • PM tweets in Hebrew to greet people on the occasion of Hanukkah
  • PM's meeting with H.E. Md. Abdul Hamid, President of Bangladesh
  • Dainik Jagran CMD calls on PM, presents demand drafts worth Rs 4 crores towards PMNRF
  • Text of PM's statement in the Lok Sabha on the granting of bail to 26/11 accused, Zaki-ur-Rehman Lakhvi, in Pakistan
  • PM conveys best wishes to people of Goa, on Goa Liberation Day
  • PM condoles the passing away of eminent Gandhian Shri Chunibhai Vaidya
  • Election Commission
  • Bye-elections to the Uttar Pradesh Legislative Council from Kanpur Division Graduates’ Constituency
  • Min for Develop. of North-East Region
  • DoNER Minister Convenes Meeting of MPs from North East
  • Min of Agriculture
  • Rise in Price of Onion
  • Performance of National Food Security Mission (NFSM)
  • Use of Modern Agricultural Techniques
  • Antibiotic Content in Chicken Meat
  • Setting up of National Centres for Developing
  • Cold Storage Facilities for Horticulture Products
  • Conservation of Indigenous Cattles
  • Agricultural Production in Bihar
  • Area Coverage Under Rabi Crops
  • Avian Influenza at Sukhna Lake Chandigarh
  • Min of Chemicals and Fertilizers
  • Prices of Fertilizers Remained About the Same Over Last Two Years
  • Min of Commerce & Industry
  • Trade Agreement with GCC
  • Incentives to Special Economic Zones
  • Foreign Trade
  • Export by Small and Medium Pharmaceutical Manufacturers
  • Export Through Micro, Small and Medium Industries
  • Awareness About Filing Patents
  • Area Norms Under NIMZs
  • Compulsory Licensing on Patented Drugs
  • Min of Comm. & Information Technology
  • Shri Ravishankar Prasad says that ‘Digital India’ will be a Game Changer for the Country
  • Min of Consumer Affairs, Food & Public Distribution
  • Improvement in PDS is one of Government's key priorities
  • Measures to reduce pendency of cases in the consumer courts
  • Min of Corporate Affairs
  • International Financial Reporting Standards
  • Norms of Corporate Fraud Reporting
  • Sharing Data with Regulators
  • Certificate Programme in CSR
  • Conducting of CA Exams
  • Min of Defence
  • DRDO Tests 1000 Kg Class Indigenous Guided Glide Bomb
  • DRDO's Parachute System for Recovery of Mission Crew Capsule
  • Manufacturing of Aircraft
  • Losses to S&T Laboratories due to Hudhud Cyclone
  • Construction of Border Roads
  • Recognition of Soldiers as Martyr
  • Chairman COSC & CAS Air Chief Marshal Arup Raha leaves for a two day visit to Mumbai
  • Supply of Sub-Standard Food to Soldiers
  • Laboratories of DRDO
  • Import of Weapons
  • Construction of Roads in Border Areas
  • Procurement in Defence Sector
  • Science Audit of DRDO
  • Induction of Tejas in Indian Air Force
  • Armed Forces Participation in UN Peacekeeping Missions
  • Use of Helicopters
  • Illegal Entry of Helicopters / Aircraft
  • Defence Production Units
  • Special Uniform for Soldiers
  • Civilians Working in Defence Sector
  • Advanced Jet Trainer
  • Attack on Fishermen
  • Modernization Projects of Army
  • Min of Environment and Forests
  • Report of the High Level Committee headed by Shri T.S.R. Subramanian to review various Acts administered by Ministry of Environment, Forest & Climate Change
  • Min of External Affairs
  • Statement by External Affairs Minister and Minister of Overseas Indian affairs Smt. Sushma Swaraj in Lok Sabha
  • Ministry of Finance
  • Union Finance Minister Shri Arun Jaitley Intoduces the Constitution Amendment Bill on Goods and Services Tax (GST) in Lok Sabha;
  • India Signs First Bilateral Advance Pricing Agreement (APA) With A Japanese Company; APA Period is Five Years;
  • Zero Mass Foundation
  • Overdraft Fdcilities by Banks
  • India’s Role in IMF and WB
  • Gold Holding Countries
  • Indian/Foreign MNCs
  • Corrigendum to Exchange Rate Notification 115/2014-Customs (NT) Dated 17.12.2014
  • Government Firmly Committed to Meeting its Fiscal Deficit Target for Current Year: Mid-Year Economic Analysis (MYEA) 2014-15
  • 7th India-China Financial Dialogue held Today
  • Exchange Rate of Foreign Currency Relating to Imported and Export Goods Notified
  • Terror Links of Chit Fund Companies
  • Performance of Regional Rural Banks (RRBs)
  • Cheque Clearance by Banks
  • Home Loans in Rural Areas by Public/Private
  • Expansion of Spmcil
  • Simplifying Norms for Crop Loan
  • Joint Fixed Deposit
  • Refinancing of Export Purchase Bills of Exporters
  • Bank Loan To Industries
  • Development of Smart Cities
  • Kisan Vikas Patra
  • Bharat Bill Payment System
  • Min of Health and Family Welfare
  • Initiatives taken to Reduce Malnutrition
  • Ingredients in Soft Drinks
  • Indian Medical Students in Ukraine
  • Institutes of Aging and Advanced Nursing
  • Medical Entrance Test
  • Quality and Safety of Generic Drugs
  • Treatment to Road Accident Victims and Women in Labour
  • Funds for AYUSH Facilities
  • Utilization of Imprest Money by Hospitals
  • Assistance by USA for Mothers and Newly Born Children
  • Diagnosis of Thalassemia, Sickle Cell and Haemophilia
  • CGHS Wellness Centres
  • OncoNet Project for Cancer Treatment
  • Online Services for Patients
  • Cancer Care Facilities
  • Min of Home Affairs
  • Union Home Minister says India and Mongolia need increased cooperation to prevent transnational crimes
  • Min of Labour & Employment
  • Shri Bandaru Dattareya chairs 205th meeting of Central Board of Trustees of EPF
  • Min of Personnel, Public Grievances & Pensions
  • Press Note
  • Min of Petroleum & Natural Gas
  • Production Performance of Oil & Natural Gas Sector for the month of November, 2014
  • Global crude oil price of Indian Basket was US$ 58.22 per bbl on 18.12.2014
  • Min of Power
  • Delhi’s Power Infrastructure Upgradation Begins with Dedication of 220kv GIS Sub Station at Peera Garhi & Foundation Stone Laying of 220 kv Sub Station at Pappan Kalan
  • Electricity Amendment Bill, 2014 Introduced in Lok Sabha; Changes Aimed at Promoting Competition, Efficiency in Operations and Improvement in Quality of Supply of Electricity
  • Ministry of Railways
  • Railways to Plan Seven More Premium Trains
  • Work Progress on Dedicated Freight Corridor Project
  • Indian Railways Install 229 CCTVs at Various PRS Locations
  • Indian Railways to Run Three More Pilgrim Special Tourist Trains
  • Railways’ Green Energy Initiatives
  • 362 Major Ongoing Railway Projects at Various Stages of Execution on Indin Railways
  • China Identifies Two Indian Railway Stations for Developing with Modern Amenities
  • Indian Railways to Undertake 102 Sites for Commeercial Development
  • Min of Statistics & Programme Implementation
  • Key indicators of situation of Agricultural Households in India
  • Key Indicators of Situation of Agricultural Households in India
  • Key Indicators of Land and Livestock Holdings in India Released
  • Key Indicators of Debt and Investment in India for 2013
  • Min of Urban Development
  • Nomination to Delhi Development Authority
  • Inauguration of Sarita Vihar Underpass in Delhi by the Union Urban Development Minister
  • Ministry of Water Resources
  • Storage Status of 85 Important Reservoirs of the Country as on December 18, 2014
  • Min of Women and Child Development
  • Complaints of Sexual harassment of women at workplace show an increase
  • Protection of Children from Sexual Offences (POCSO) Act, 2012
  • Drug and Substance abuse among children
  • 289 Projects sanctioned by the Government under ‘Ujjawala’ Scheme
  • Min of Skill Development, Entrepreneurship, Youth Affairs and Sports
  • Sporty India
  • Planning Commission
  • Rs 2537.50 crore released so far for development of KBK region
  • Special assistance for the development of Himalayan states
  • Steps for the development of knowledge based industries
  • Inter-ministerial committee to consider state specific guidelines for Centrally Sponsored Schemes
  • Consultations with different stakeholders for setting up of new institution for policy planning is underway

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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