World Bank wants India to change labour laws
Updated: Aug 05, 2014 12:26:39pm
New Delhi, Aug 5 (KNN) The labour law changes being brought about by the Centre and the Rajasthan Government have also been advocated by the World Bank, Labour Minister Narendra Singh Tomar said in Parliament.
Tomar who was responding to a query in the Lok Sabha yesterday said that World Bank too advocated simplification and modernization of labour laws in its World Development Report 2014 to encourage higher productivity and employment generation in India, media reports said.
The government, according to him, was also keen to facilitate ease of doing business and reduce the compliance burden and also create an environment conducive to business.
Recently, the Union Cabinet has cleared amendments to critical labour laws which will enable, when passed by Parliament, doubling of overtime limit, exemption to firms employing up to 40 workers from compliance of labour regulations besides allowing more trades to be included under the Apprenticeship Act.
In addition, the ministry has taken an initiative to restructure the apprentices system in the country which is a key to narrow down the gap between skills and jobs, secure full involvement of industry in skill development and promote employability of youth.
Further, to facilitate online registration of units, reporting of inspections, and submission of annual returns and redressal of grievances, the ministry is developing a single unified web portal. This portal will facilitate ease of reporting at one place for various labour laws by a single online annual return, the media report said. (KNN/ES)
Tomar who was responding to a query in the Lok Sabha yesterday said that World Bank too advocated simplification and modernization of labour laws in its World Development Report 2014 to encourage higher productivity and employment generation in India, media reports said.
The government, according to him, was also keen to facilitate ease of doing business and reduce the compliance burden and also create an environment conducive to business.
Recently, the Union Cabinet has cleared amendments to critical labour laws which will enable, when passed by Parliament, doubling of overtime limit, exemption to firms employing up to 40 workers from compliance of labour regulations besides allowing more trades to be included under the Apprenticeship Act.
In addition, the ministry has taken an initiative to restructure the apprentices system in the country which is a key to narrow down the gap between skills and jobs, secure full involvement of industry in skill development and promote employability of youth.
Further, to facilitate online registration of units, reporting of inspections, and submission of annual returns and redressal of grievances, the ministry is developing a single unified web portal. This portal will facilitate ease of reporting at one place for various labour laws by a single online annual return, the media report said. (KNN/ES)
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