Monday, 7 September 2020

Preparation to implement all labor reforms by the end of this year


The government is committed to implementing labor reforms. For this, the four Labor Codes (Labor Code) are set to be implemented simultaneously in December. This will complete the last phase of reforms in the labor sector. Union Labor Minister Santosh Gangwar said, the recently concluded monsoon session, three Labor Bills 'Industrial Relations Code', 'Social Security Code', and 'Occupational Safety, Health and Working Conditions Code' have been approved by Parliament. The Pay Code Bill was passed in Parliament last year.

The ministry wants the four codes to be implemented simultaneously, as all are interconnected. Labor Minister Gangwar said in an interview, the government is making the entire migration to implement the four labor codes by December this year to carry out labor reforms.

The rules under these laws will be implemented simultaneously. ' Bill in Parliament passage is then sent for presidential approval. The law comes into force after the rules have been notified. Under a law, initially draft rules are notified for a certain time and are considered. The rules are then finalized and the law is implemented.

The enactment of these codes is expected to bring major changes in the labor sector in the country. The government wants to put India in the top 10 countries in the World. Bank's Ease of Doing Business ranking through comprehensive labor reforms. In the Ease of Doing Business rankings, 2020, India has jumped 63 places to 63rd position. High ranking encourages investment and employment generation in a country.

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