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Biscuit-maker Parle says it may have to sack 8,000 to 10,000 workers amid slowdown in sales

-Scroll.in The company said higher taxes in the GST system had forced it to increase prices. It caused consumer demand to fall. Biscuit maker Parle Products Private Limited on Tuesday said it may lay off almost 10,000 employees if the demand slowdown continues, The Economic Times reported. “We have sought reduction in the Goods and Services Tax on biscuits priced at Rs 100 per kg or below, which are typically sold in...

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Will PM-Kisan Eventually Evolve and Replace Farm Subsidies During Modi 2.0? -Siraj Hussain

-TheWire.in While the scheme has laid the foundation, its expansion will, like the GST, require a great deal of political consensus across states. The Narendra Modi government’s interim budget, which was announced in February 2019, brought a bonanza for farmers. Piyush Goyal, who was the finance minister when Arun Jaitley was on medical leave, announced a new scheme called the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) under which Rs 6,000 per year...

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Repealing the Construction Workers Act Under New Labour Codes Will Prove Disastrous -Harshil Sharma

-TheWire.in In the name of simplification and universalisation, the new labour codes will likely result in increased worker exploitation. The Indian government has brought out four labour codes with the stated objective to rationalise and simplify the existing 44 labour laws. It is a welcome initiative to consolidate and simplify the delivery of justice to the working class. The four labour codes relate to wages, industrial relations, social security and welfare and...

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Wage clarification with consultation pledge

-The Telegraph Labour minister Santosh Gangwar said that Rs 178 would be the minimum wage New Delhi: An existing tripartite advisory committee of employers, employees’ unions and state government officials will determine a national-level minimum wage that will be binding on all states after the passage of a draft law, the Centre said on Wednesday. Labour minister Santosh Gangwar had last week said that the government would table a Code on Wages Bill...

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Union cabinet approves bill to merge 13 labour laws into single code

-Hindustan Times The OSH Code is the second major labour reform approved by the government. It cleared the Wage Code last week that contained “provisions of minimum wages and payment of wages to cover employees in both the organised and unorganised sectors. The Union Cabinet on Wednesday approved the Occupational, Safety, Health and Working Conditions Code, also known as the OSH Code, that seeks to merge 13 central labour laws into a...

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