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Employees' State Insurance Corporation (ESIC), established by ESI Act, is an autonomous organisation under Ministry of Labour and Employment, Government of India.As it is a legal entity, the corporation can raise loans and take measures for discharging such loans with the prior sanction of the central government and it can acquire both movable and immovable property and all incomes from the ...
The East India Company (EIC) [a] was an English, and later British, joint-stock company that was founded in 1600 and dissolved in 1874. [4] It was formed to trade in the Indian Ocean region , initially with the East Indies (South Asia and Southeast Asia), and later with East Asia.
It is a component of the Digital India initiative, intending to make government services available to the general public online and around the clock. [ 4 ] [ 5 ] The app was developed by the Ministry of Electronics and Information Technology with the National e-Governance Division [ 4 ] and launched in November 2017 by Prime Minister Narendra ...
In March 2022, the EPFO lowered the interest rate of 8.10% for the fiscal year of 2021-22. On 30 August 2022, EPFO proposed to remove the restrictions on the wage ceiling and headcount to allow all formal workers and self-employed to enrol in its retirement saving schemes. [10]
At a CAGR of 168%, the value of UPI transactions increased from ₹1 lakh crore in FY 2017–18 to ₹139 lakh crore in FY 2022–23. With UPI representing 62% of digital payment transactions in FY 2022–2023, it has been the primary driver of the overall development of digital payment transactions in India. [105]
The Life Insurance Corporation of India (LIC) is an Indian multinational public sector life insurance company headquartered in Mumbai.It is India's largest insurance company as well as the largest institutional investor with total assets under management worth ₹ 52.52 trillion (US$610 billion) as of March 2024. [4]
The chairperson of the Economic Intelligence Council is the Finance Minister of India. [1] Its chief members include the Governor of the Reserve Bank of India (RBI), Chairman of the Securities and Exchange Board of India (SEBI) and the Directors of the Central Bureau of Investigation (CBI), Narcotics Control Bureau (NCB) and the Directorate of Revenue Intelligence (DRI). [1]
The local or city government is headed by the mayor. The Municipal Corporation of Delhi handles civic administration for the city, and has one mayor. [8]Heretofore the Municipal Corporation of Delhi was trifurcated into three bodies: the North Delhi Municipal Corporation, the South Delhi Municipal Corporation, and the East Delhi Municipal Corporation in 2012.