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December 21, 2020
Synopsis “In exercise of the powers conferred under the Code on Wages, 2019, the Central Government hereby appoints the date of publication of this notification as the date on which the following provisions of the said Code shall come into force,” labour ministry said in a gazette notification Getty Images Government is of the view that constituting such boards in advance will help in smooth roll-out of the entire Codes from April 1, 2020. The labour ministry has notified setting up the ce...
December 19, 2020
‘Atmanirbharta’ is Self-reliance. ‘Swavalamban’ is self-sufficiency. Both epithets have been used in the past few months freely by both inside and outside the government. Both are vehicles for happiness. Positive psychology, a basis for self-reliance helps one explore self-worth, self-expression, self-knowledge, resilience, all needed for self-acceptance. It’s not about doing everything oneself. It’s not even being financially independent. Certainly not for shouldering every hardshi...
December 17, 2020
17 December 2020 Trade unions protest in Delhis Shaheedi Park. Several trade unions and workers organisations have joined the ongoing farmers protest against three recently enacted farm laws. Shahid Tantray for The Caravan Trade unions protest in Delhis Shaheedi Park. Several trade unions and workers organisations have joined the ongoing farmers protest against three recently enacted farm laws. Shahid Tantray for The Caravan Between 28 November and 14 December, I visited ...
December 16, 2020
New wage code: Why govts new compensation rules are a hasty composition While the coming few months will show what shape the final codes and underlying rules will take, the government could certainly have taken a more progressive approach to the new definition of wages, to better address ambiguities and legal uncertainties resulting in fewer disputes and litigation Atul Gupta | December 16, 2020 | Updated 22:06 IST Rather than a lengthy definition with several inclusions, exclusions, provisos,...
December 16, 2020
2020, A Year Of Reforms During The Unprecedented Coronavirus Crisis 2020, A Year Of Reforms During The Unprecedented Coronavirus Crisis Prime Minister Narendra Modis government used the Covid-19 pandemic as an opportunity to drive wide-ranging reforms. Updated: December 16, 2020 6:47 pm IST It is a fact of economic policy-making in India that bold reforms only take place during difficult moments rather than in ideal conditions. "It is said India reforms only in crisis," former RBI Governor ...
December 10, 2020
New code of wages: Your provident fund and gratuity components are set to rise But if your salary is over Rs 15,000 the new Code of Wages may not materially impact your salary December 21, 2020 / 08:08 PM IST Your provident fund (PF) component and gratuity pay-out are set to increase once the new code of wages gets implemented from April 1, 2021. This is because the definition of ‘wages,’ based on which employers deduct provident fund contributions, will now be standardised as per the ne...
December 10, 2020
Human Rights Day once again while Our Human Rights Are Denied! Fr Cedric Prakash SJ 10 Dec 2020 December 10: Human Rights Day once again! Another anniversary, when post World War- II the world gave itself the Universal Declaration of Human Rights- a pathbreaking and much needed Magna Carta. Sadly, for many (particularly for India) this past year has been a bad one: the pandemic COVID-19 has played havoc with lives and livelihoods of millions everywhere. It has be...