-Business Standard State expects more investment as industry cheers move Paving the way for the first set of labour reforms in the country, President Pranab Mukherjee has given his assent to Rajasthan's amendments to three laws. Among major changes, the Industrial Disputes Act will allow companies employing up to 300 staffers to lay off workers or close down without taking the government's prior approval. Earlier, those with up to 100 employees...
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Key labour reforms get Central push -Surabhi
-The Indian Express The changes also aim to prohibit pregnant women and persons with disabilities from being assigned to machinery-in-motion. In its first major step towards overhauling the country's labour laws, the government on Wednesday cleared long-pending amendments to three critical laws in the sector that would enable a doubling of the overtime limit for workers, exemption for firms employing up to 40 workers from compliance of labour regulations and allow more...
More »India’s best hope is that the Budget due February 2015 chooses growth and jobs -Arvind Panagariya
-The Times of India Blog The presidential address to Parliament on June 9, 2014 had focussed nearly exclusively on projects and schemes, eschewing policy. Therefore, many had eagerly awaited the budget speech for a policy vision of the new government. Unfortunately, it too left observers guessing on whether the government would tackle tough reforms or rely principally on better implementation. Had this been the budget of the United Progressive Alliance (UPA), arguably...
More »Factories Act revamp may signal labour law reforms
-The Times of India NEW DELHI: Just days before the 2014-15 Union Budget, the government on Monday said it plans to amend the archaic Factories Act, 1948 - the first move in more than a decade to revamp labour laws. Most governments have avoided labour reforms for fear of a backlash from the politically powerful labour lobby. Companies have cited obsolete labour laws as a key hurdle for doing business and the...
More »Gujarat may replicate Amma canteen model -Aloysius Xavier Lopez
-The Hindu It was in this city that Chief Minister Jayalalithaa asked at her election campaign not long ago, "Who is a better administrator? Is it Gujarat's Modi or this Tamil Nadu lady?" While this question may be relevant now because of the changes that have since taken place, it is striking that on Thursday, a team of officials from Gujarat who visited the Amma canteen said their State was looking to...
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