Union labour secretary chaired a meeting to assess states & UTs' preparedness in finalising draft rules. The 4 codes are aimed at economic reforms & welfare of unorganised sector workers.
The Bill was opposed in the state assembly by DMK allies like the Communist Party of India, CPI (Marxist), Congress, the MDMK and VCK as well as the Opposition.
India has cheap labour while conventionally R&D-intensive countries have cheaper capital. The whole debate on R&D needs to be recast to fit the realities here.
Four labour codes, amalgamating 29 laws, were passed in 2019 & 2020. But central, state govts have yet to notify the laws that will cater to around 40 crore unorganised sector workers.
The labour ministry had envisaged implementing the four codes on industrial relations, wages, social security and occupational health safety & working conditions from 1 April 2021.
The draft rules, part of the Occupational Safety, Health and Working Condition Act, 2020, are likely to be put in public domain next week to invite feedback.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
PTC Industries is investing Rs 1,000 cr in 4 manufacturing plants in UP, has already started supplying titanium parts to BAE Systems for its M-777 howitzers that India also uses.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
COMMENTS