Parliament on Wednesday approved three major Labor Reform Bills, which would eliminate barriers to closing companies and allow companies with a maximum of 300 employees to lay off employees without government approval. The Rajya Sabha passed the remaining three labor codes on industrial relations, social security, and occupational safety by voice vote. During this period, the Congress, the Left, and some other opposition parties boycotted the Rajya Sabha action in protest against the expulsion of 8 MPs.
These three codes were passed by the Lok Sabha on Tuesday and will now be sent for the President's approval. Replying to the debate on the three Labor Reform Bills, Labor Minister Santosh Gangwar said, "The objective of labor reforms is to create a transparent system suited to the changed business environment".
He also pointed out that 16 states have already allowed companies with a maximum of 300 employees to close and lay off firms without the government's permission. Gangwar said that it is not appropriate for employment generation to keep this limit up to 100 employees, as this leads employers to cut back on hiring more employees and they deliberately maintain their workforce at a lower level.
He told the House that increasing this limit would increase employment and encourage employers to give jobs. He said that these bills will protect the interests of the employees and extend universal social security to the workers by expanding the scope of Provident Fund Organization and Employees' State Corporation.
The government had merged more than 29 labor laws into four codes and one of them (Wages Code Bill, 2019) has already been passed. The bills passed on Wednesday in the Rajya Sabha are - 'Occupational Safety, Health and Working Code 2020,' Industrial Relations Code 2020, and 'Social Security Code 2020'. These include provisions related to livelihood security in an establishment, regulation of health and working conditions, investigation and determination of industrial disputes, and social security of employees.
Sikandar VS Pushpa1: Sikandar wiped out Allu Arjun's Pushpa, and broke this record on Wednesday
No matter how much struggle Salman Khan faced in his film career in the beginning, but now he has reached that level of stardom where the film business of more than 100 crores on his name alone. The
COVID-19: Corona cases are increasing rapidly in the country, Kerala has the highest number, and Maharashtra has 208 cases; Know Updates
Corona cases are increasing rapidly in the country. The number of active cases of coronavirus has reached 1010. It is being told that the highest number of cases have come from Kerala. There have been
An investigation will be launched immediately if there is a 15-minute delay; the government has implemented new rules related to flights. What all will change?
In recent days, affected IndiGo flights have caused inconvenience to millions of people. The IndiGo crisis has shaken the aviation sector. Now, the government has geared up to deal with any such
This 'Heeramandi' actress will be seen on the red carpet of Cannes this time with Aishwarya Rai Bachchan, know details
Like every year, this year too the biggest film festival i.e. Cannes Film Festival (Cannes Film Festival 2024) is going to start. The 77th Cannes Film Festival will begin
'This is what he teaches in his sermons', Aniruddhacharya's comment on Akhilesh, SP MP Priya got angry, said this
On the verbal dispute between former Chief Minister Akhilesh Yadav and Aniruddhacharya Maharaj, SP MP from Machhlishahr, Jaunpur, Priya Saroj has heated the issue by posting on X.
Copa del Rey: Real Madrid won the Copa del Rey title after nine years, defeating Osasuna; Rodrigo scored two goals
With the help of two goals from young forward Rodrigo, Real Madrid defeated Osasuna 2-1 in the final match to win the title of the Spanish football tournament Copa del. Real Madrid has won this title
Oscar Awards: Kajol and Suriya will become members of the Oscar committee! Academy sent invite
Academy Awards are awaited in many countries of the world including India. In such a situation, now big news has come out for Indian cinema. Actress Kajol, actor Suriya and filmmaker Sushmit from
Sunny Deol will be seen in 'Border 2' after 'Gadar 2'? Big update regarding the sequel and cast of the film
After 22 years, Sunny Deol has once again returned to the big screen as 'Tara Singh'. His movie 'Gadar 2' has crossed the Rs 300 crore mark at the box office. Looking at the pace at which 'Gadar 2' is
Be it Bangladeshi or Rohingya... now there is no mercy for intruders! Modi government is going to make a new immigration law.
The Union Home Ministry on Tuesday introduced the Immigration and Foreigners Bill in the Lok Sabha. The aim of this bill is to modernize and strengthen the existing immigration law of India. With its
Delhi Liquor Policy: Setback for Arvind Kejriwal in CBI case, judicial custody extended till August 8
In the CBI case related to the excise policy scam, the Rouse Avenue Court has extended the judicial custody of Delhi Chief Minister and Aam Aadmi Party's Arvind Kejriwal till August 8.
