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Proposal to amend law for cashless wage payments

-The Hindu The Centre has proposed amending a law to empower States and allow industries to pay wages by cheque or by direct credit into bank accounts. The Union Labour ministry has proposed changes to the Section 6 of the Payment of Wages Act of 1936. The present law states that all payment of wages should be made in cash, with a provision enabling Employers to obtain written permission of the...

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Centre, states to list industries for cashless wage payment

-PTI Amritsar: Aiming to move towards a cashless India, the Centre and states could soon have powers to specify categories of Employers who will have to pay wages either through cheques or by crediting the amount directly into the workers’ bank account. “The Government is ready with the Payment of Wages (Amendment) Bill, 2016 which seeks to empower the Centre as well as states to specify industrial or other establishments where Employers...

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Law to regulate working condition of domestic workers demanded

-PTI The platform has also drafted a model Domestic Workers Regulation of Work and Social Security Bill and discussion on it was held with various stakeholders. New Delhi: Civil society organisations and trade unions under the banner of National Platform for Domestic Workers today demanded a comprehensive legislation to regulate their working condition and provisions for social security benefits. The platform has also drafted a model Domestic Workers Regulation of Work and...

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Route all wages via bank accounts: Govt. -Vikas Dhoot

-The Hindu Industry has expressed concern over the directive New Delhi: The Centre has asked all Employers and contractors to ensure that wages are paid to all employees, including casual and contract workers, through cheques or electronic transfers into a bank account. The Chief Labour Commissioner, under the Ministry of Labour and Employment, has also asked firms to get bank accounts opened for all those workers who do not have one already, and...

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Jean Dreze, economist and a leading advocate of welfare policies, interviewed by Vasudha Venugopal (The Economic Times)

-The Economic Times "Demonetisation in a booming economy is like shooting at the tyres of a racing car," says development economist Jean Drèze . A leading advocate of welfare policies, Drèze who was a member of the National Advisory Council during the UPA regime, tells ET that the sudden move to demonetize high-value currency notes has created a scary situation for people who live on the margin of subsistence, and that...

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