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English Release 31-July 2014
Date Month Year
  • President's Secretariat
  • Envoys of Five Nations present credentials to President of India
  • President of India to visit West Bengal and Telangana on August 1 and 2, 2014

  • Prime Minister's Office
  • PM accepts Shri Nehchal Sandhu's resignation as Deputy NSA with regret
  • Goswami Indira Beti ji calls on PM
  • Chairman, Suzuki Motor Corporation, calls on PM
  • PM highlights Finance Ministry's move to seek creative inputs for the Government's initiative on financial inclusion
  • PM writes to Afghan President
  • Department of Space
  • Indigenous Production of Cryogenic Engine
  • Technical Problems of GSLV
  • Min of Coal
  • Production of Coal
  • Increase in Coal Production
  • Loss of CIL from Underground Mines
  • Min of Commerce & Industry
  • Nirmala Sitharaman Meets Penny Pritzker
  • Index of Eight Core Industries (Base: 2004-05=100), June, 2014
  • Min of Defence
  • Celebration of Army Hospital (R&R) Foundation Day
  • Relinquishing of Command by Gen Bikram Singh
  • VLF Transmitting Station Commissioned at Tamil Nadu
  • Min of Earth Science
  • Low Temperature Thermal Desalination Technology Plant
  • Min of External Affairs
  • Third India-Africa Forum Summit
  • Outcome of Brics summit-2014
  • Meeting of Nepal-India Joint Commission
  • Indian Fishermen in Foreign Custody
  • Boosting of Bilateral Ties with China
  • Ministry of Finance
  • Change in Tariff Value of Crude Palm Oil, Rbd Palm Oil, Others – Palm Oil, Crude Palmolein, Rbd Palmolein, Others – Palmolein, Crude Soyabean Oil, Brass Scrap (all Grades), Poppy Seeds, Areca Nuts, Gold and Silver Notified
  • Government to Launch A New Program of Financial Inclusion in Mission Mode to Provide Households with Facilities of Savings, Credit, Remittances, Insurance and Pension: FM
  • Clarification Regarding Acquisition and Transfer of Immovable Property in India by Foreign Nationals
  • Min of Home Affairs
  • Visit of Union Home Minister to Malin Village in Pune
  • Min of Labour & Employment
  • Shri Narendra Singh Tomar Chairs 162nd Meeting of ESI Corporation
  • Min of Micro,Small & Medium Enterprises
  • Shri Kalraj Mishra launches NSICs B2C Web portal for MSMEs www.msmeshopping.com
  • Min of New and Renewable Energy
  • Installation of Solar Panels on Roof Tops
  • Solar and Wind Potential in Desert Regions
  • Steps to Create Awareness Regarding Importance of Renewable Energy
  • Cost of Renewable Energy Projects
  • Min of Overseas Indian Affairs
  • Protection of Interests of People Seeking Employment Abroad
  • Ministry of Overseas Indian Affairs’ Steps for the Welfare of Indians Working in Different Gulf Countries
  • Min of Personnel, Public Grievances & Pensions
  • ACC Appointments
  • Awareness Programme Under Pensioner’s Portal
  • Review of Administrative Process
  • Process of Empanelment Before Appointment
  • ACC Appointments
  • Min of Petroleum & Natural Gas
  • India and Japan discuss the bilateral issues of enhancing cooperation in the fields of Petroleum and Gas
  • India and Nepal discuss issues of bilateral engagement in the oil and gas sector
  • Petroleum Minister calls upon the OMCs to pool their resources, technologies, experiences and best practices to be better prepared for the challenges of the future
  • Global crude oil price of Indian Basket decreased to US$ 106.12 per bbl on 30.07.2014
  • Min of Power
  • Equity Fund for Power Sector
  • Acquisition of Coal Mines Overseas
  • Amendment in Electricity Act, 2003
  • Ministry of Railways
  • Rs. 73,392 crore will be an Estimated Completion Cost of Railways’ Two Dedicated Freight Corridors, Excluding Sonnagar-Dankuni Section
  • Railways Plan to Provide wi-fi Facility at Major Stations and in Important Trains
  • Railways to Install 5000 more Automatic Ticket Vending Machines at Stations
  • Railways to Provide Rail Connectivity to all Capitals of North Eastern Region
  • Min of Road Transport & Highways
  • Toll Tax
  • Steps to Improve the Performance of NHAI
  • Min of Science & Technology
  • Dr. jitendra Singh Felicitates 18 Children Scientists for their Accomplishment at the International Science & Engineering Fair-Los Angeles, USA
  • Min of Social Justice & Empowerment
  • Non-Implementation of Special Component Plan
  • Fixing Responsibilities in Cases of Atrocities
  • Problems of Drug Addiction
  • Punitive Measures Taken by NCSC
  • Measures Against Inhuman Practices
  • Pending Cases Under SCP
  • Manual Scavenging Act
  • Special Courts for Atrocities
  • Min of Tribal Affairs
  • Schemes for Development of Tribes and Tribal Areas
  • National Committee on Forest Rights Act (FRA) Recommendations Highlights
  • Min of Urban Development
  • Municipal bodies not empowered as required, says Shri M.Venkaiah Naidu
  • Monkey and dog menace at Parliament House being tackled
  • Ministry of Water Resources
  • National Water Policy
  • Average Annual Water Availability for the Country has been Assessed as 1869 Billion Cubic Meters
  • Rs. 4680 crore Incurred on National River Conservation Plan
  • 17300 Exploratory Wells Constructed in Rain Deficient Regions
  • Rs.405 Crore Proposed as Central Assistance to the States for Drainage and Reclamation of Waterlogged Areas
  • 153 Flood Management Proposals Worth Rs. 6374 crore Approved
  • 764 Grossly Polluting Industries Indentified in Five States
  • Accelerated Irrigation Benefits Programme
  • Capacity Survey of 35 Resevoirs Complete
  • Rs. 6235 Crore Earmarked for Restoration of 10,000 Water Bodies
  • 162 Blocks Notified for Regulation of Ground Water Development in the Country
  • Three Proposals from States Included Under AIBP

  • Min of Women and Child Development
  • Smt Maneka Gandhi Meets Bankers to Find Ways to Improve Micro-Finance for Women
  • NRI Prospective Adoptive Parents to be Treated at Par with Resident Indians in the Proposed Revision of JJ Act
  • Financial Norms for ICPS Revised to Enhance the Quality of Services
  • Vacancy Position in Anganwadi Centres
  • Min of Youth Affairs & Sports
  • India won 4 Silver and 1 Bronze on day 7 of CWG 2014

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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