Centre likely to roll out labour codes by early next financial year
2 months ago

Centre likely to roll out labour codes by early next financial year

Hindustan Times  

New Delhi The Centre is likely to implement the long-pending labour codes by early next financial year even if one state fails to wrap up the process of framing draft rules, as nearly all states and Union territories are done with finalising these norms, a person aware of the development said. The four labour codes passed by Parliament during 2019-20 seek to usher in investment-friendly legislation and social security frameworks for newer forms of employment, such as gig workers, in the country long hobbled by a web of archaic and complex employment rules. The Narendra Modi-led government at the Centre, in its previous term, had enacted four labour codes by revamping and amalgamating a complex set of 29 federal laws to ramp up hiring and social security for the country’s labour force. “By March, we intend to complete all aspects related to implementation so that the country can have labour laws that give adequate protection to workers and also boost investment and employment in the country,” the person cited above said, adding, “We cannot wait indefinitely.” States have devised draft rules with “handholding” by the Centre and it is natural to have some divergences due to local factors since labour conditions and needs are diverse in the country, the person said.

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