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The pension expenditure of Central Government in 1990-91 was 0.38 per cent of GDP and 3.9 per cent of net revenue amounting to 2,138 crores. [13] In 1993-94, the pension liability jumped to 0.6 per cent of GDP at 5,206 crores. [14] The pension cost for exchequer was growing at a CAGR of 21% per annum in the 1990s.
The Employees' Provident Fund and Miscellaneous Provisions (EPF&MP) Act, 1952, mandates employers to pay 12% of the salary (consisting of basic wages, Dearness allowance, retaining allowance and value of food contribution) as a contribution on behalf of employer and employee each towards employees provident fund and employees pension fund every month.
The Pension Parishad – an initiative to ensure universal pension to all workers in India – has been demanding that the Government of India establish a "non-contributory and universal old age pension system with a minimum amount of monthly pension not less than 50% of the minimum wage or ₹ 2,000 (US$23), whichever is higher." [51]
Each MP is allocated Rs. 5 crore per year since 2011-12 which has been increased from Rs. 5 lakh in 1993-94 and Rs. 2 crore in 1998–99. MoSPI disburses funds to district authorities, not directly to MPs. This annual entitlement is released conditionally in two installments of Rs. 2.5 crore each.
West Bengal assembly elections, 2011: Shibpur constituency [12] [14] Party Candidate Votes % ±% AITC: Jatu Lahiri 100,739 61.83 +10.93# AIFB: Dr. Jagannath Bhattacharya 54,335 33.35 −13.04 BJP: Prabir Ray 3,967 2.43 BSP: Asgar Ali 1,850 Independent Bidyut Rakshit 1,119 Independent Anup Chowdhury 913 Turnout: 162,923 82.63 AITC gain from AIFB ...
Jangipur Lok Sabha constituency is a parliamentary constituency in Murshidabad district of West Bengal, India. All the seven assembly segments of No.9 Jangipur Lok Sabha constituency are in Murshidabad district .
As per orders of the Delimitation Commission, No. 71 Beldanga Assembly constituency covers Beldanga municipality, Bhabta I, Bhabta II, Debkundu, Mirjapur II, Mahula I and Sujapur Kumarpur gram panchayats of Beldanga I community development block, and Bhakuri II, Haridasmati, Naoda Panur, Rajdharpara and Rangamati Chandpara gram panchayats of Berhampore community development block.
West Bengal summary Party Seats won Seat change Vote percentage Trinamool Congress: 19 18 31.8 Indian National Congress: 6 0 13.45 Socialist Unity Centre of India (Communist) 1 1 NA Communist Party of India (Marxist) 9 17 33.1 Communist Party of India: 2 1 3.6 Revolutionary Socialist Party: 2 1 3.56 Forward bloc: 2 1 3.04 Bharatiya Janata Party ...