-Hindustan Times The Industrial Relations Code, 2020, bring new rules for hiring and firing of labour in mid-sized and large industries, making Retrenchment easier. Parliament on Wednesday passed the three labour code bills – the Occupational Safety, Health And Working Conditions Code, 2020; the Industrial Relations Code, 2020; and the Code on Social Security, 2020 – merging 24 central labour laws in a major boost to labour reforms. The National Democratic Alliance...
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Briefing Note for Parliamentarians on Labour Law Reforms
-Press release by Working Peoples' Charter dated 21st September, 2020 Amidst the micro and macro-economic crisis of the last 5 years, the union government has aggressively pushed the agenda of labour law reforms -- purportedly to simplify India’s ‘complex’ labour legislations, improve the business environment, and augment growth and employment. These changes, driven primarily by the business fraternity, have been aimed at improving India’s ranking in the ‘Ease of Doing Business’...
More »Punjab Latest to Effect Labour Reforms; ‘Race to the Bottom’ in Labour Standards, Says Expert -Ronak Chhabra
-Newsclick.in Sundar believes this will result in the creation of “regional labour markets”, which will lead to “a race to reach the bottom of labour standards” among the states. The Congress-led Punjab government will soon bring an ordinance and become the latest state to effect labour law reforms, including eased Retrenchment norms in the state, in a move that can be seen as following in the BJP’s footsteps to jump ranks in...
More »RSS' labour wing opposes bank merger, says govt hasn't learnt from earlier mistakes -Ramesh Babu
-Hindustan Times The Bharatiya Mazdoor Sangh (BMS) said it will support the agitation being planned by United Front of Banking Unions against the government’s decision to merge ten banks. Thiruvananthapuram: The Bharatiya Mazdoor Sangh (BMS), labour wing of the RSS on Saturday criticised the bank merger plan announced by Union Finance Minister Nirmala Sitharaman saying it was done without any study and it will only protect interests of corporate houses. “No serious...
More »Six million people quit jobs in 10 months till June, shows govt data -Prashant K Nanda and Asit Ranjan Mishra
-Livemint.com While 10.7 million additional employees joined EPFO between September 2017 and June 2018, at least 6.04 million stopped subscribing to it: Government New Delhi: At least six million people, about 4.6 million of them under 35 years of age, left their formal jobs in the 10 months ending June and may or may not have rejoined work, according to payroll data released by the government on Friday. This is the first time...
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