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India’s economic landscape has been undergoing significant transformations, driven by technological advancements, globalization, and evolving global geopolitical scenario. Amidst these changes, the introduction of new labour codes by the Indian Government aims to reshape the...
New government to take a call on implementation; senior official says preparatory work is underway for several provisions in the codes such as the social security fund for informal workers
4 labour codes likely to be implemented by FY23 as many states ready draft rules : Rashtra News 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 as at least 13 states have pre-published draft rules on
NITI Aayog has asked all the ministries to give their 100-day agenda for the next government, within a framework and under certain categories, including policy initiatives and implementation issues.
The MSMEs are apprehensive that the labour codes will increase their financial burden due to employee insurance, gratuity and a higher basic wage.