A young workforce entering a changing labour market needs rules that recognise mobility, skill transitions, and new forms of work. Laws rooted in past industrial models cannot serve this future.
By consolidating 29 laws into four codes, compliance is streamlined and regulations are simplified, improving “ease of doing business”. This is bound to improve investor confidence.
Imposition of formal rights and digital compliance mechanisms introduces new expectations for both employers and workers. This transition will require sustained awareness efforts.
Calling for immediate implementation of Wage Code and Social Security Code, BMS is opposed to clauses in Industrial Relations Code and Occupational Safety, Health & Working Conditions Code.
Parliament had passed codes that consolidated 29 central labour laws between 2019 & 2020 but are yet to notify them. Meanwhile, even non-BJP ruled states have eased labour laws.
Hinduja Group Europe chairman Prakash Hinduja, wife Kamal, son Ajay & daughter-in-law Namrata convicted for worker exploitation, illegal employment. Human trafficking charges dismissed.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
COMMENTS