Eight of the 30 companies in the BSE Sensex that shared data reported 99 fatalities in 2016-17 against 86 in the previous year. These lives were lost due to industrial accidents at manufacturing facilities. Fatalities owing to road accidents were excluded from the count.
The Opposition parties need to spell out how exactly they will protect the citizen from government excess, asserts T N Ninan.
The ripples of inflexible labour laws and active labour unions -- which affected information technology outsourcing by European countries, especially France and Germany -- are now being felt in the Nordic region, too. Recently, protests by the staff union forced Handelsbanken, a leading Swedish bank, to award the IT outsourcing contract to a local company after cancelling plans to award the contract to an Indian Tier-I vendor.
With a large number of Indian youth aspiring to work in the railways, delays in filling up railway job vacancies were a point of criticism against the BJP in the run-up to the elections.
'You cannot treat workers like beggars.'
Trump told reporters that his administration will not tolerate firing of hardworking Americans in pursuit of cheap foreign labour.
Governments find themselves expanding the entitlements of the least productive - farmers and bureaucrats - and abridging those of the more productive parts of the workforce.
About 10.5 million new jobs were created between 1989 and 2010.
The 39-year-old, the fifth child of an illiterate labourer couple and only the second of their eight to be educated, now helms various ventures that bring in a turnover of between Rs 75 crore and Rs 90 crore.
'It feels like Assam is good just as a tourist spot and not a place to earn and live.'
There is no doubt that archaic labour laws governing employment of contract labour have fanned tensions at the workplace and need to be amended.
Tamil Nadu, claiming to be the Detroit of India, has labour unrest in the automobile industry, among others.
A collaborative approach can yield better results in reforming labour laws that can be implemented in the whole country, instead of different states following different norms in their own jurisdictions. That approach could also help the governments convince the trade unions to see merit in these reforms, says A K Bhattacharya.
Employment generation and skill development along with issues like contract labour and social security are expected to dominate a conference of the Indian Labour Congress beginning in New Delhi November 23.
The services sector growth in India rose to a six-month high in January as new business expanded at a faster pace amid buoyant demand from domestic and external clients, a monthly survey said on Monday. The seasonally adjusted HSBC India Services PMI Business Activity Index rose to 61.8 in January, up from 59 in December, pointing to the sharpest rate of expansion in six months.
After assuming power in 2014 with a full majority of its own, the BJP-led NDA government started an ambitious process of reforming labour laws in the form of codes aimed at making the framework less cumbersome with a variety of alterations. It had planned four codes each for industrial relations, wages, social security and welfare, and occupational safety, health and working conditions. To this end, 35 central labour laws were to be converted into four codes that would have had the virtue of streamlining labour relations. But none of the proposed code Bills could be converted into a law principally because neither trade unions nor industry representatives came on board. They hold the key to India's low-growth-high unemployment paradigm but the government may struggle to push them through this time as well. Somesh Jha explains why
'We are worried for the workers because in the private sector, jobs are not secure, there is no decent work condition and there is no social security.' 'That's why we are opposing the economic policies of this government.'
The BMS said that creating workers who do not own their industry and without permanent commitment or relationship with the industry, will be a hazard for industrial growth.
'We are sure FY25 is going to be better...But to call out that all problems are behind us is a bit early.' 'The underlying business sentiment has not changed significantly.'
While the current headcount reduction has more to do with slowing demand, the rise of artificial intelligence will impact jobs in the future.
For 2021-22, it projected the economy to clock a growth of 10.6 per cent.
After having sustained huge losses due to a spate of violent protests by workers since 2011, the company is putting in place measures to prevent a repeat.
Observing that India's worsening COVID-19 situation and the strict measures to contain it have hit the economy hard, the rating agency said productive capacity has been severely disrupted since the start of the pandemic.
'Companies like Tesla and others have been given a long rope in India.'
"In view of contracting global demand, we have to focus on domestic demand by stimulating demand in rural areas and labour intensive sectors," External Affairs Minister Pranab Mukherjee, who is holding charge of the finance portfolio, said. "We must support the development of those sections which immediately boost growth and throw up employment opportunities." Sectors that specifically sought enhancement of bank credit were infrastructure, rural credit, consumer credit, MSME.
The government has introduced the Code on Wages Bill 2019 and the Occupational Safety, Health and Working Conditions Code Bill 2019 in Lok Sabha on July 23.
However, the growth during the next financial year would be higher at 8.1 per cent in case of a second wave of the coronavirus and bit slower at 7.9 per cent if the virus recedes and remains under control.
Workers' attitude is changing and they want to work more and demand more wages. They want more productivity.
Making a case for India to relax labour laws, World Bank has said such a move can generate more than eight lakh regular jobs in the manufacturing sector.
Air India has given more time to pilots to accept the revised compensation structure, which has been opposed by two pilot unions, according to a source. The decision to provide more time to pilots who are yet to sign the new contracts also comes days after Air India organised a town hall meeting with many pilots to discuss their concerns. The source said the airline has given time till the end of this week for signing the new contracts apparently due to requests from people who had not earlier accepted the revised compensation structure.
The 13 firms under consideration had nearly a million employees as of March 2018, including contractual and temporary workforce.
Hyundai said its production was not impacted because of the labour problem at the vendor's factory.
The employment structure of India's organised manufacturing sector has undergone substantial changes over the last decade.
The better performing states throw up more employment opportunities including at unskilled levels.
India's manufacturing sector continued with its robust performance in November, mainly on the back of substantial easing in price pressures and strengthening demand from clients, a monthly survey said on Friday. The strong performance of the manufacturing sector is expected to continue in 2024 as well. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) rose to 56 last month from the eight-month low level of 55.5 recorded in October.
A 10-month-old boy has been kidnapped by an unidentified woman from Mumbai's Chhatrapati Shivaji Terminus, when he was sleeping with his grandmother, police said.
Taiwan-headquartered Wistron Corporation has said that it had suffered a loss worth Rs 437.40 crore in the violence in its facility unleashed by a section of workers over salary issues at its plant in Kolar district in Karnataka.
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