If the concerns over risking political capital are overcome, the long-term gains for the Indian economy will be immense, asserts A K Bhattacharya.
The implementation of four labour codes in one go from April 1 next year will usher in a new wave of reforms in industrial relations and also help in attracting more investments but employment generation will remain a key challenge in 2021. This year has also been a challenging year for the work force as well as for employers due to the outbreak of the COVID-19 pandemic. The government imposed a nationwide lockdown from March 25, which had an adverse impact on economic activities and resulted in exodus of migrant workers from large cities to their homes in the hinterland. Many migrant labourers lost their jobs and it took months for them to return back to their work places from their native places.
Governments find themselves expanding the entitlements of the least productive - farmers and bureaucrats - and abridging those of the more productive parts of the workforce.
Expat friendly new Saudi labour law increases annual leave from 15 to 21 days and to 30 days for those who have completed five years of service. The law also urges employers to pay end-of-service awards.
The 56-year-old judge, enrolled as an advocate in 1992, was appointed as an additional judge of the Allahabad high court on October 13, 2014 and took oath as a permanent judge of that court on February 1, 2016.
Apple and its vendors are aiming to assemble 32 per cent of iPhone's global production volume and 26 per cent of its value in India by 2026-27 -a year after the final year of the five-year production-linked incentive (PLI) scheme for mobile devices. This could translate into a production value of over $34 billion, assuming global iPhone sales remain consistent with 2023-24 (FY24) levels. The estimates are based on discussions between Apple Inc and its vendors, along with central and state governments, regarding the assembly of products in India, according to sources.
'You cannot treat workers like beggars.'
The Allahabad High Court Bar Association has opposed the transfer of Delhi High Court sitting judge Justice Yashwant Varma, from whose official home a huge stash of cash was reportedly discovered. The association said that the Supreme Court's decision to transfer Justice Varma back to the Allahabad High Court was "taken aback".
The Enforcement Directorate (ED) on Wednesday searched locations in Karnataka, including educational institutions linked to state Home Minister G Parameshwara, as part of a probe into alleged gold smuggling-linked money laundering case against Kannada actor Ranya Rao and others. The ED sources said an educational trust is suspected to have "diverted" funds and made a payment of Rs 40 lakh towards the credit card bill of Rao, allegedly on the instructions of an influential individual. The sources claimed the trust is linked to Parameshwara and the "influential" individual is a politically exposed person. The searches found there were no supporting vouchers or documentation to "substantiate" this payment (for credit card bill payment), they said.
Bharath Bhushan from Bengaluru, who was visiting Pahalgam with his wife and three-year-old son, was shot dead by terrorists. His wife, Sujatha, and their child survived the attack.
Around 81 per cent of the workers constitute the unorganised sector - devoid of any social security cover and outside the purview of a complex set of labour laws.
The Indian government has assured citizens that the country has ample food stocks to meet domestic demand, despite escalating tensions with Pakistan. The government has also warned traders against hoarding essential food items and creating artificial shortages, emphasizing that there is no need for panic buying. The food ministry detailed the country's current stock levels, showcasing a surplus over required buffer norms for rice, wheat, and pulses. Additionally, India holds substantial edible oil and sugar stocks, ensuring a strong food security position.
According to a proposal by the Union labour ministry, 10 per cent of the employees or 100 workers will be needed at least to form a trade union
Labour sector needs bigger reform than the PM revealed.
Protests by central labour unions and widespread criticism from Opposition parties because of job losses on account of demonetisation and the GST have put the contentious labour reform proposals in the slow lane.
The Survey noted that while women account for almost half of India's population, their participation in labour market is almost one-third and has been declining.
According to CITU, around 90% of the 1,723 workers of the Sriperumbudur plant are participating in the strike. Samsung said it is ready to talk to employees and not a third party like CITU.
A family of four, including a couple and their teenage son, was found dead in their apartment in Mysuru, Karnataka. Police suspect the husband may have poisoned his family members before hanging himself. The deceased have been identified as Chetan (45), his wife Rupali (43), their son Kushal (15), and Chetan's mother Priyamvada (62).
Rekha, a resident of Koh village, was alone at home watching TV when the incident occurred. Her children, aged seven and five, were at school and her husband Sanju, a farm labourer, was away at work, Farah police station in-charge Sanjay Kumar Pandey said.
Union Agriculture Minister Arjun Munda on Tuesday said a law guaranteeing minimum support price (MSP) on crops cannot be brought in a hurry without consulting all stakeholders and urged the protesting farmer groups to have a structured discussion with the government on the issue.
The UK Home Office has announced a crackdown on illegal working across the country, targeting restaurants, nail bars, convenience stores, and car washes. In January, Immigration Enforcement teams conducted record-breaking raids, arresting 609 individuals, a 73% increase from the previous year. The crackdown comes as the government introduces new legislation aimed at tackling criminal gangs that facilitate illegal immigration. The Home Office highlights the dangers of illegal migration and the exploitation of vulnerable individuals while emphasizing its commitment to safeguarding workers and removing foreign criminals.
Justice Abhay S Oka, known for his unwavering commitment to liberty and constitutional values, bid farewell to the Supreme Court of India. In his final address, he stressed his dedication to upholding constitutional liberties, emphasizing that it was his "honest endeavor" to fulfill the dream of the Constitution's framers. He also expressed gratitude to the bar and his colleagues for their support and shared heartfelt memories from his time on the bench. Justice Oka's departure marks the end of a distinguished judicial career spanning over two decades, during which he served as a judge of the Bombay High Court, Chief Justice of the Karnataka High Court, and ultimately, as a Supreme Court justice.
The law firms will provide legal opinion on matters related to interpretation of various statutes, such as the Employees' Provident Funds and Miscellaneous Provisions Act, 1952, among other things.
Make in India cannot be successful on the toil, miseries and abuses of young children in the manufacturing sector, the Nobel laureate wrote in a letter to PM
Shiv Sena's Dadaji Bhuse is the new school education minister while Uday Samant continues to be the industries minister.
The norms, say industry experts, are not sufficient to weed out fly-by-night contractors.
Instead of mechanically consolidating all labour laws into one, provisions of all labour laws should be relooked in terms of their substance. The irrelevant and archaic provisions have to be fixed, says Aparajita Gupta.
The Opposition parties need to spell out how exactly they will protect the citizen from government excess, asserts T N Ninan.
'You have to have commitment to both, but it has to be done at the individual level.'
The government on Saturday said there was no reason for two million plus Indian workforce in Saudi Arabia to be "paranoid" on account of a new labour law, 'Nitaqat' and asserted there was "ongoing" discussion with the Saudi authorities in the matter.
The court upheld the guidelines and imposed Rs 1 lakh cost each on the petitioners to be deposited with the CCPA towards consumer welfare.
The four labour codes on wages, social security, industrial relations and occupation safety, health and working conditions are likely to be implemented by the next fiscal year as at least 13 states have pre-published draft rules on these laws, a senior official said. The Centre has already finalised the rules under these codes and now states are required to frame regulations on their part as labour is a concurrent subject. A senior official said that the four labour codes are likely to be implemented by the next fiscal year.
Their implementation is expected to create investment owing to improving ease of doing business as well as initiating pro-worker measures.
'We are not opposed to any Indian language. We are against Hindi imposition.'
India, the US and 12 other members of the IPEF grouping have signed a supply chain resilience agreement that would help mitigate risks of economic disruptions from supply chain shocks and improve crisis coordination. The agreement would help member countries like India to reduce their dependence on China and provide timely information to the IPEF member countries about potential supply disruptions. The COVID outbreak severely disrupted the global supply chain, as most countries were dependent on China for various products like pharma raw materials.
'Brazil, China, Colombia and India each had more than 2,000 of their citizens overstaying student/exchange visas, with India having the highest number (7,000).'
While the country's unemployment rate is falling, the quality of employment seems to have taken a hit. The pace of formalisation slowed in the five months of the current financial year (April-August) with more than half a million fewer formal jobs created in the period compared to the same period last year, according to data from the Employees' Provident Fund Organisation (EPFO). The payroll data showed that cumulatively 4.92 million new subscribers joined the social security organisation between April-August this year, compared to 5.51 million subscribers in the same period in the previous year, reflecting a 10.7 per cent decline in the number of new payrolls created.
Britain's wealthiest family, the Hindujas, have said they were 'appalled' by a Swiss court's ruling of jail terms for some members and have filed an appeal in a higher court challenging the verdict finding them guilty of exploiting vulnerable domestic workers from India at their villa in Geneva.
