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.
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.
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.
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.
'It feels like Assam is good just as a tourist spot and not a place to earn and live.'
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.
The better performing states throw up more employment opportunities including at unskilled levels.
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.
Nearly a month after a three-year-old baby girl was allegedly stolen by an unidentified man when she was sleeping with her family at the Chhattrapati Shivaji Terminus in Mumbai, the Railway Police on Friday released a photograph and CCTV footage to track down the culprit. According to the police, the accused came to the railway station on June 10 at around 2 am and took away the baby girl sleeping with her parents, who are contract labourers hailing from Vidharbha region.
While the current headcount reduction has more to do with slowing demand, the rise of artificial intelligence will impact jobs in the future.
Contradictory reports have been making the rounds regarding the controversy surrounding the Kaiga incident of 55 workers falling ill after drinking contaminated water at the nuclear plant. While the Kaiga authorities claim that a list of names of casual contract labourers have been submitted to the police, the police on the other hand have said that no formal complaint has been lodged with them as yet.
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.
It's a middle path for labour reforms.
The biggest worry is not the shrinking of the labour market, but the collapse of good jobs.
Freedom to downsize workforce, increase work hours and curtail workers' right to join unions are some of the radical steps under the government's consideration for industries in special investment zones.
Jay Amar Helia expects the prices of food grains, cooking gas, train and bus tickets should come down
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.
Narendra Modi's pay-off from relaxing labour laws would be huge.
'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.'
Amendments to the Child Labour Act say children can work in 'family enterprises' but the definition isn't clear, points out Shyamal Majumdar.
The Kurkumbh unit, which manufactures MEG from industrial alcohol, has 90 employees on its rolls and another 250 contract labourers.
Finance Minister Arun Jaitley said it has been decided to fix the minimum wages at Rs 350 per day for unskilled non-agricultural workers for 'C' category areas keeping in view the modalities of fixing minimum wages.
'Companies like Tesla and others have been given a long rope in India.'
One popular strategy is to hire contract workers.
Four gangmen were killed on Friday when they were run over by a local train between suburban Kurla and Vidyavihar stations.
Industry cheers while unions label the move veiled entry of a 'hire & fire' regime.
A "big spark" in the electricity pole providing power to the girder launcher preceded its collapse during the construction of a viaduct for the Samruddhi Expressway in Maharashtra's Thane district a day ago, in which at least 20 persons were killed, the police said on Wednesday.
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.
It's time we dispensed with the paper trail and shifted all labour law paper, workflows and permissions online.
This will help employers keep a track of the diseases workers could suffer from while doing their jobs.
Air India pilots, who are up in arms against the airline's management's decision to unilaterally alter their salary structure and services conditions, on Tuesday sought Ratan Tata's intervention in resolving the issue. In a petition, signed by a little over 1,500 Air India pilots, the community alleged that the "pilots' concerns are not being heard or addressed by the current HR team". On April 17, Air India rolled out a revamped compensation structure for its pilots and cabin crew, which has since been rejected by the two pilot unions - Indian Commercial Pilots Association (ICPA) and Indian Pilots Guild (IPG) - on the grounds that the airline, in alleged violation of the labour practices, did not consult them before finalising the new contracts.
The state has allowed industrial units in special economic zones (SEZs) to lay off workers without government's sanction, regardless of the number of workers
Falling margins, high inflation pitting workers against management.
Experts attribute this trend to a combination of end of capital expenditure cycle, increased automation, RIL's preference for time-bound labour contracts, and telecom and retail's outsourced human resource model.
