Ease of doing biz gets focus in labour reforms

The Centre aims to catapult India to among the top 10 countries in World Bank’s ease of doing business rankings with labour reforms which are likely to be completed after Parliament approves three draft codes in the ongoing session, a senior official said.

By :  migrator
Update: 2020-09-22 22:27 GMT
Representative image

Chennai

It plans to subsume 44 central laws into four broad codes on wages; industrial relations; occupational safety, health and working conditions and social security. The Wage Code Bill 2019 was passed by Parliament last year, while the other three codes were introduced in the Lok Sabha on Saturday. These bill are listed for consideration and passage in the Lower House on Tuesday. “The ultimate goal is to see India figure in top 10 nations in ease of doing business index of World Bank with completion of long-pending labour reforms,” a senior labour ministry official said.

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