Labour Reforms

As India's new Occupational Safety and Health Code prepares for rollout, misalignments with progressive state labour reforms—particularly around IT sector exemptions and working-hour flexibility—risk creating compliance confusion unless Centre and states coordinate effectively

MC Interview | Trump tariff impact not so much on growth but on jobs: EAC-PM Chairman

India quickly needs to introduce labor reforms that can remove the 'missing middle problem' in the manufacturing sector, and raise productivity, said S Mahendra Dev, Chairman of EAC-PM said.

Post-World Cup, Qatar is pressing ahead with labour reforms but concerns for migrant workers remain

The U.N.-backed International Labor Organization says reforms introduced following the World Cup have improved the situation of migrant workers, while adding that more needs to be done.

Apple seeks India labour reform in push to diversify beyond China

Tamil Nadu where Apple’s top supplier Foxconn Technology Group operates India’s largest iPhone plant, is considering passing new rules that will make factory shifts more flexible, people familiar with the matter said.

Implementing labour reforms, expanding social security coverage for informal workers to be focus areas in 2023

With India set to host G-20 leaders' summit for the first time next year, the Union labour ministry will also pursue key employment-related agenda touching upon global skill gaps, gig and platform economy, sustainable financing of social security schemes and other issues.

No, Labour Codes are not coming into effect from July 1

These are structural reforms and the ministry is for balancing labour welfare on one hand and ease of doing business on the other.

All states, UTs except four are ready with draft rules to roll out labour codes

The labour codes are expected to introduce far-reaching changes with implications for employers and workers. They will offer greater flexibility in rolling out short-term work contracts, make hiring and firing flexible, and make industrial strikes harder.

Labour code rollout takes backseat as states go slow, assembly polls loom

Not all states have framed the draft rules for codes on wages, occupational safety, industrial relations and social security, which introduce far-reaching changes with implications for both employers and workers

Key changes the new labour codes will bring in

The success of the reforms will depend on the effective implementation of the changes brought about by the codes 

Wage Code | Expanded definition of wages likely to impact take home pay

The financial impact of the new wages definition on the compensation cost, and accordingly any modification to the salary structure or cost to company structure, should be assessed by the employers before implementation of these codes

Labour reforms increase ease of doing business while protecting India’s workers

The recent labour reforms are one of the most important policy decisions of the NDA government with the potential to impact millions of organised and unorganised workers across the country while also ensuring that India has a competitive edge where industry and commerce is concerned

Cabinet discusses labour reforms, to push remaining 3 Codes in Monsoon session

Earlier this month, Labour Minister Santosh Gangwar had indicated that remaining three labour codes on industrial relations, social security and occupational safety and health would be tabled in the ensuing Monsoon session of Parliament.

Govt unlikely to slow down on labour reforms in 2018

The Ministry of Labour and Employment has envisaged to concise over 44 labour laws into four broad codes in wages, industrial relations, social security, and occupational safety, health and working conditions.

Labour Ministry rolls back proposal allowing firms with over 300 employees to lay them off

The Labour Ministry has removed the proposal allowing units with more than 300 employees to lay off workers or close down without government approval from the Industrial Relations Code (IR Code).

Greece, EU/IMF lenders agree on key labour reforms, pension cuts - sources

Greece has agreed with its lenders on key labour reforms, spending cuts and energy issues, moving closer to clinching a deal before a meeting of euro zone finance ministers on April 7, sources close to the talks said on Wednesday.

PM Modi revisits economic reform agenda after landslide election win

Voters in Uttar Pradesh handed Modi's Bharatiya Janata Party (BJP) the biggest majority for any party in the state since 1977, effectively giving their blessing to his shock decision last November to scrap 86 percent of the cash in circulation.

Labour reforms will help 50 lakh security guards: Dattatreya

Speaking at a conclave of private security industry organised by Ficci here, he said the ministry will soon categorise security guards as 'skilled' workers and armed security guards and supervisors as 'highly skilled' workers, which will entitle them a minimum monthly wage of Rs 15,000 and Rs 25,000, respectively.

Qatar reassures India after Modi raises abuse of migrant workers

Qatar has reassured India that labour reforms will improve the conditions of more than half a million Indian migrants, after Prime Minister Narendra Modi raised concerns of abuses during a weekend visit to the Gulf state, a statement said on Monday.

Labour reforms not essential for industrial growth: FM

The statement assumes significance in view of the calls for extensive labour reforms to improve ease of doing business by doing away with the archaic laws.

Kejriwal bats for 'smart' Delhi, says easing biz rules

"We talk of smart cities. We talk of building 100, 200 smart cities. I think let us make Delhi a smart city first. Let's make the nation's capital a smart city first. I invite you all to participate...the govt will do its part with complete honesty," Kejriwal said at a CII event.

Modi, India Inc meet: Global crisis; tax reforms on agenda

The who's who of India Inc attended the meeting, along with vice-chairman of Niti Aayog of India - Arvind Panagariya and the Chief Economic Advisor Arvind Subramanian.

Land Acq Ordinance lapse setback to reforms: Assocham

Government's decision to allow the Land Acquisition Ordinance to lapse and return to the previous Act is a "setback to economic reforms", industry body Assocham said.

Labour reforms most fundamental needs facing economy

India's demographic dividend is a key strength of the economy. Its population will surpass that of China within a decade and the workforce is likely to grow faster than the overall population

FM warns of threat to job creation if investments blocked

Amid Unions opposing labour reforms, Finance Minister Arun Jaitley on Monday warned of a threat to job creation if investments were blocked and appealed not to persist with ideas that harm economic activity.

Are US investors turning negative on India?

From being very bullish on India 12 months ago, investors across the US have now become negative at the margin on India, says Macquarie in a research report.