Tag: epfo
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Employees’ Provident Funds and Miscellaneous Provisions Act, 1952
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Introduction and Overview The Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (EPFMP Act), is a pivotal social security legislation in India, designed to provide financial stability to employees in the organized sector by ensuring retirement benefits, pension, and insurance. Enacted on March 4, 1952, and effective from the same year, the Act establishes three…
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Workers’ Participation in Management
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Detailed Study Material for UPSC EPFO and UPSC ALC ExamsIntroduction to Workers’ Participation in Management Workers’ participation in management (WPM) refers to the involvement of employees in organizational decision-making processes, ranging from consultation on operational matters to representation on boards, fostering a sense of ownership and cooperation between labor and management. This concept aims to…
