Santosh Kumar Gangwar

ESIC issues guidelines for COVID-19 safety measures at workplace

Health Minister Harsh Vardhan and Labour Minister Santosh Kumar Gangwar jointly released the safe workplace guidelines for industry & establishments to combat the pandemic, a labour ministry statement said.

Santosh Gangwar unveils dedicated twitter handle for labour statistics

The Labour Bureau is a wing in Ministry of Labour & Employment, which collects and process data like retail inflation, employment etc.

Govt proposes to make 14-day prior notice mandatory for employees to go on strike: Santosh Kumar Gangwar

This is part of the new labour law which the government is bringing and the ministry is in touch with the various state governments, Gangwar said.

Lok Sabha passes Wage Code Bill to ensure minimum wage for workers

The Code on Wages Bill, 2019, which seeks to amend and consolidate the laws relating to wages and bonus and matters connected therewith, will benefit 50 crore workers, Labour Minister Santosh Kumar Gangwar said.

Azam Khan, Union minister Gangwar file nominations for west UP seats

The total nominations for the third phase has risen to 58 and the last date for filing nominations is Thursday.

Govt working on national policy for domestic workers: Santosh Kumar Gangwar

Among others, the policy envisages to make a provision for a minimum salary of Rs 9,000 per month, compulsory paid leave of 15 days in an year and maternity leave benefits to full-time domestic helps.

No plans to shift financial year to January-December from 2018: Santosh Kumar Gangwar

Discussions to shift the financial year from April-March to January December, however, continue in the Parliament.

76 banks report 5,076 cases of active banking frauds

In a written reply to the Rajya Sabha, Minister of State for Finance Santosh Kumar Gangwar said State Bank of India reported 544 cases of such frauds that caused a loss of Rs 1,91,295 lakh.

No proposal for farm loan write-offs, says Govt

Minister of State for Finance Santosh Kumar Gangwar said in a written reply to Lok Sabha that no debt waiver scheme for farmers was announced by the central government during the last three years.

RBI not reviewing 90-day NPA classification window: Govt

The extant prudential NPA norms were brought in after extensive consultations and were based on the report of the Committee headed by M Narasimham on Banking Sector Reforms, Minister of State for Finance Santosh Kumar Gangwar said in the Rajya Sabha.

ED takes possession of Vijay Mallya’s United Breweries stake; Heineken in a spot

Labelled a willful defaulter by banks, Mallya owes lenders Rs 8,191 crore as on December 31, 2016, according to a written reply in the Rajya Sabha by Minister of State for Finance Santosh Kumar Gangwar.

No need to worry too much about NPAs, solution soon: Gangwar

The huge load of bad loans of public sector banks is not too much of a worryline for the government and a likely solution will be worked out soon, Union minister Santosh Kumar Gangwar said.

Number of people with assets of over Rs 200 cr rises to 283

Continuing with upward trend, the number of people showing gross assets exceeding Rs 200 crore increased to 283 in the country during the last financial year ended March 31.

No estimates of undeposited black money in old notes: Govt

There is no official estimate of black money held in scrapped Rs 500 and Rs 1,000 notes that have been left undeposited with banks during the demonetisation period.

I-T identifies 1,155 shell cos used to launder Rs 13,300 crore

SBI spent Rs 775 cr in maintaining Jan Dhan accounts: Government

"Bank-wise and year-wise information on the cost of operation of Pradhan Mantri Jan Dhan accounts is not maintained. However, the total cost of operation of Jan Dhan Yojana (PMJDY) accounts as reported by State Bank of India as on December 31, 2106, is Rs 774.86 crore," Minister of State for Finance Santosh Kumar Gangwar said in a written reply in the Rajya Sabha.

I-T department uncovers Rs 45,622 cr undisclosed income

"During the last three financial years (2013-14, 2014-15 and 2015-16) and the current financial year (up to January 2017), the I-T department conducted searches on about 2,534 groups of persons, which led to admission of undisclosed income of about Rs 45,622 crore apart from seizure of undisclosed asset (cash, jewellery etc) worth about Rs 3,625 crore," Minister of State for Finance Santosh Kumar Gangwar said in a written reply to the Lok Sabha.

Banks recovered less than 2% of Mallya's outstanding loans

Public sector banks have been able to recover only a fraction of the more than Rs 8,000 crore loan outstanding against embattled businessman Vijay Mallya, Parliament was informed today.

Revised 40 tax treaties to use info for other purposes: Govt

"Treaty partner countries have been requested to modify the tax treaties, so as to explicitly include provisions that will enable information exchanged for tax purposes to be utilised for other purposes, including criminal proceedings in non-tax matters," Minister of State for Finance Santosh Kumar Gangwar said in a written reply to Rajya Sabha.

Union Budget will not have an impact on state polls: Gangwar

Aaked about the implementation of Goods and Services Tax, he said the government is working to introduce GST by April this year, but it may take time till October.

Skeptical about GST passage in Winter Session: Thomas Isaac

Two days ahead of the crucial GST Council meeting, Kerala Finance Minister Thomas Isaac is skeptical about the passage of Goods and Services Tax Bill during the ongoing Winter Session of the Parliament. The GST deadlock raises questions over the April 1, 2017 rollout of the new tax regime.