Q. The VISHWAS, 2026, seen in the news recently, is:

[A] A one-time dispute resolution scheme for employers to settle disputes relating to damages levied under the Employees' Provident Funds and Miscellaneous Provisions Act, 1952.

[B] A financial assistance scheme to support unorganised workers enrolled under the e-Shram portal.

[C] A social security scheme to provide unemployment allowance to workers covered under the Employees' State Insurance Act, 1948.

[D] A digital platform for online settlement of industrial disputes under the Industrial Relations Code, 2020.

Answer: A
Notes:

Explanation:

  • VISHWAS, 2026 is a one-time dispute resolution scheme launched by the EPFO under the Ministry of Labour and Employment to enable eligible employers to settle disputes relating to damages levied for defaults in EPF contributions, thereby reducing litigation and encouraging compliance.

Source: PIB

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