Labour laws to be amended for simplication and rationalisation
Published: Feb 02, 2017
By TIOLCORP News Service
NEW DELHI, FEB 02, 2017: THE Government is keen on fostering a conducive labour environment wherein labour rights are protected and harmonious labour relations lead to higher productivity. The Finance Minister while presenting the Union Budget expressly mentioned that legislative reforms will be undertaken to simplify, rationalize and amalgamate the existing labour laws into 4 Codes on (i) wages; (ii) industrial relations; (iii) social security and welfare; and (iv) safety and working conditions.
The FM further said that the Model Shops and Establishment Bill 2016 has been circulated to all States for consideration and adoption. This would open-up additional avenues for employment of women. The amendment made to the Payment of Wages Act, is another initiative taken by the present Government for the benefit of the labour and ease of doing business.