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Allowing 12-hour shifts for all and nighttime work for women was meant to benefit software firms, but is said to have clinched Foxconn's Rs 8,000 cr investment
When asked about the timeframe on introducing the Codes, sources said this would be done "as soon as possible". "We are talking to all states," the official cited above said
The four labour codes on wages, social security, industrial relations and occupation safety, health and working conditions are likely to be implemented by the next fiscal year
The rules relating to these codes, finalised by the union labour ministry, are silent on several concerns of Indian enterprises and other stakeholders
The count of the unemployed mounted to 38.7 million in December 2020 compared to 27.4 million in November, registering a massive increase of 11.3 million
The SC is seen to have lost much of its stature while dealing with political and human rights issues in recent times. In that context, its decisions on labour laws will be analysed threadbare
If they are unable to reskill within a fixed period of time, they will have to return the money given to them by the government
The implementation of 'Aatmanirbhar Bharat' package and unlocking of the economy have ensured that economic recovery in India has gained momentum
The new labour laws will be made effective by the government later
Draft rules of the three codes on industrial relations, social security, and occupational safety, health and working conditions are likely to be circulated by the first week of November for feedback
The move, after President's nod, will help industry push for exemption at a micro-level, and flexibility in retrenchment, working hours, safety standards and collective bargaining
Proposal will be a part of the Code on Industrial Relations, 2020 scheduled to be introduced by Labour and Employment Minister Santosh Kumar Gangwar in the Lok Sabha
The migrant workers' crisis is also the tragedy of contract workers, who have been growing in numbers over the years
Suspending the entire labour law as some states have tried is not sustainable
According to Kumar, the objective of the Rs 20 trillion-economic stimulus package announced by the government was to revive aggregate demand and not just consumer demand
It is pushing the states to undertake they reforms without taking the Ordinance route to codify the laws
President, CEO at US-India Strategic Partnership Forum, Mukesh Aghi says that India needs a transparent policy environment
Geetika Srivastava checks out whether the recent labour law relaxations announced by several states pass the legal smell test