Social Security Agreement Between India And Brazil

The signed agreement is hosted on the Ministry`s website and on the website of the Employee`s Provident Fund Organisation for the information of stakeholders so that they can guarantee certificates of coverage in order to avoid double social security contributions. On 11 December 2019, the Cabinet of the Union, chaired by Prime Minister Modi, agreed to the signing of the Social Security Agreement between India and Brazil. The social security agreement is signed by India with several other countries in order to protect the interests of professionals and expatriate professionals About 4,700 Indians live in Brazil and 1,000 Brazilians in India. The agreement would promote inclusion and justice for Indians living in Brazil and vice versa. The agreement also allows for the export of social security benefits for Indian workers after they move from Brazil. A.A. offers the benefits of avoiding the doubling of workers` social security contributions (replacement); simple transfer of benefits (exportability); and the sum of contribution periods (in two countries) in order to avoid performance losses (aggregation). Currently, about 1,000 Brazilians live in India, while about 4,700 Indians live in Brazil. All posted/self-employed workers will benefit from this proposal without discrimination. It would therefore promote justice and inclusion. The export of social security benefits of Indian workers after their departure from Brazil is an innovative scheme to ensure the absence of loss of social security benefits and also contributes to the competitiveness of Indian companies by reducing their total costs.

Aggregation of contribution periods (in two countries) to avoid performance losses (aggregation). avoid double social security contributions by workers (replacement); India and Brazil are expected to sign 15 agreements in the fields of social security, bioenergy, cybersecurity and health and medicine during Brazilian President Jair Bolsonaro`s ongoing visit to India The Union`s cabinet chaired by Prime Minister Shri Narendra Modi has agreed to the signing of the social security agreement between the Republic of India and the Federative Republic of the Brazil. The idea of entering into alliances with the BRICS for social security programs was discussed at the brics of labour and employment meetings held on 9 June 2016 in Geneva and on 27 and 28 September 2016 in New Delhi. The possibility of concluding social security agreements between BRICS countries is also mentioned in the Goa Declaration of the 8th BRICS Summit. . . .

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