The Minimum Wages Act was enacted in 1948.
Fast-moving consumer goods (FMCG) distributors' association has written to the finance ministry, highlighting concern over fund utilisation and fund accumulation by quick commerce companies and deep discounting of goods on their platforms. According to a recent letter seen by Business Standard, All India Consumer Products Distributors Federation (AICPDF) noted that its analysis indicated that approximately 80 per cent of these funds were directed toward customer acquisition strategies instead of creating cutting-edge innovations or sustainable growth models for the retail sector.
'Parents are forced to provide their children to Russian re-education camps in occupied territories and in different parts of Russia, for example, in Chechnya, where Ukrainian children wearing military uniform are taught to use weapons.'
Taking note of the inordinate delay in carrying out amendments by the labour ministry in laws concerning women, Prime Minister Manmohan Singh has asked the ministry to expedite the process.
The rest 25% would be paid to the subscriber at the age of 58.
The Ministry of Labour had recently issued a notification to this effect giving three-month mandatory notice and it has now warned that anyone employing children would be liable to prosecution and other penal action under the Act, it said.
Labour Ministry has justified EPFO's declaring 9.5 per cent interest for 2010-11.
Every organisation will also prioritise the areas requiring mandatory inspection, and the cases forwarded by the CAIU will be on data and evidence basis.
Finance Minister Nirmala Sitharaman on Saturday said the government will arrange identity cards and registration on the e-Shram portal to assist 1 crore gig workers. Presenting the Union Budget 2025-26, the finance minister also said a scheme for the socio-economic upliftment of urban workers will be implemented.
While the special economic zones have seen several labour laws being by-passed within their geographical confines, that is not the case with the NMP.
On the occasion of the sixth World Day against Child Labour, the government announced on Tuesday its plans to expand the National Child Labour Project across the country during the 11th Plan.
It will be interesting to see what shifts have been recorded in the last decade-and-a-half -- from the effects of demonetisation and Covid's second wave to the drop in fertility and increase in farm workers -- but we will only know this if and when the Census is conducted, points out Aakar Patel.
The Supreme Court on Wednesday deprecated the practice of announcing freebies prior to elections, and said people were not willing to work as they were getting free ration and money.
Following the lacklustre growth numbers in the second quarter (Q2FY25), economists believe the upcoming Union Budget for 2025-26 should focus on reforms that will stimulate consumption, manufacturing and spur employment. India's growth unexpectedly slowed to 5.4 per cent in the second quarter, due to low capital formation, weak consumption, besides adverse weather impact.
On the eve of the Modi government's two years in office, the RSS-linked Bharatiya Mazdoor Sabha leadership met Finance Minister Arun Jaitley. After the meeting, the BMS claimed the FM told its delegation 'the government has realised that labour reforms are not essential for industrial growth in the country.'
India and Qatar on Tuesday agreed to elevate their relationship to a strategic partnership and double bilateral trade to USD 28 billion over the next five years. Prime Minister Narendra Modi and Qatari Amir Sheikh Tamim Bin Hamad Al-Thani signed agreements and MoUs to strengthen economic cooperation, including a revised double taxation avoidance agreement. The strategic partnership will cover the "entire spectrum" of the bilateral relationship, including trade, energy security, and regional and international cooperation. Both leaders also discussed ways to further strengthen and broaden the energy partnership, including "exploring mutual investments." The Amir's visit provided an "excellent opportunity" for the top leadership of the two countries to discuss and "cement a strategic partnership for enhanced future cooperation."
Prospects of a bumper kharif harvest are expected to lower food inflation in the coming months, making the country's inflation outlook benign, the Union Ministry of Finance (FinMin) said in its monthly economic report for October released on Monday.
Recent documents by NITI Aayog and periodic labour force surveys on employment show that the importance of agriculture is rising in the Indian economy.
The Supreme Court of India expressed concerns about the long-term sustainability of providing free rations to migrant workers, emphasizing the need for job creation and capacity building instead. The court's remarks came during a hearing on the ongoing issue of providing relief to migrant workers, a matter that gained prominence during the COVID-19 pandemic. The court questioned the government's reliance on freebies and stressed the importance of creating opportunities for migrant workers to become self-sufficient. The debate highlighted the challenges of balancing immediate relief with long-term economic solutions for vulnerable populations.
World Athletics President Sebastian Coe met Sports Minister Mansukh Mandaviya and Primer Minister Narendra Modi in New Delhi on Monday and discussed India's intent to host the 2036 Olympics and development of athletics in the country.
The Punjab Police chief, Gaurav Yadav, and a senior officer from the Ministry of Home Affairs, Mayank Mishra, visited fasting farmer leader Jagjit Singh Dallewal at the Khanauri border point between Punjab and Haryana. They enquired about his health and heard his demands. Dallewal has been on a fast-unto-death since November 26 to press the Centre to accept the agitating farmers' demands, including a legal guarantee of MSP on crops. The visit came after the Supreme Court directed the Centre and Punjab government representatives to meet Dallewal and provide him medical help.
The conclave drew valuable insights from former athletes and Olympians, including celebrated ones such as Anju Bobby George, Mary Kom, and Tarundeep Rai, all of whom shared their personal experiences and perspectives on what it takes to excel at the highest levels of sports.
Facing criticism from the government over the central bank prioritising inflation over growth, the new RBI Governor Sanjay Malhotra on Monday said that prospects of the Indian economy are expected to improve on the back of high consumer and business confidence in 2025. "As we strive to preserve financial stability to support a higher growth path for the Indian economy, our focus remains steadfast on maintaining stability of financial institutions and, more broadly, systemic stability," Malhotra said in foreword to the Financial Stability Report.
The Employees' Provident Fund Organisation (EPFO) is considering raising the monthly minimum wage ceiling from Rs 15,000 now to improve the coverage and bring millions of informal workers under its purview. The last increase in the minimum wage ceiling was in 2014 to Rs 15,000 from Rs 6,500.
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.
Nimisha Priya, an Indian nurse sentenced to death in Yemen for the alleged murder of a Yemeni national, faces imminent execution despite the payment of blood money. Despite the lack of bilateral ties between India and war-torn Yemen, family members and human rights activists are clinging to hope for a last-minute pardon. The family has raised funds through a crowdfunding campaign to cover legal fees and negotiations, and is prepared to pay any additional amount required. However, the execution order received presidential approval despite ongoing proceedings, leaving little time for intervention. Priya's family is burdened by debt and seeks urgent support from the Indian government to save her life.
'India has the maths talent, academic institutions, and research institutions to do the next big thing.'
Even as India is in talks with Pentagon officials on sending troops to Iraq, the government has allowed domestic and foreign companies to hire workers for projects in the war-ravaged country.\n\n\n\n
'Our Constitution as well as the Right to Education Act do not make any distinction between Indian or foreigner; it only talks about 'child'.' 'It says that every child has the right to get education.'
'If the BJP detoxifies the nuclear liability law, it will bring economic, environmental and, most of all, strategic benefits.' 'Let's keep our fingers crossed and hope that this Budget promise is met soon -- ideally, before Mr Modi heads to his first meeting with Trump 2.0,' observes Shekhar Gupta.
The NHRC has observed that the content of the news report, if true, raise a serious issue of human rights of the workers in violation of the labour laws and the guidelines issued by the Union Ministry of Labour and Employment from time to time.
These include Apprenticeship Act 1961 and Labour Laws (Exemption from Furnishing Returns and Maintaining Registers by Certain Establishments) Act 1988
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
Air India and Indian Airlines merged in 2007.
Working hours cannot go beyond 48. Those who give a four-day week will have to provide three consecutive holidays after that.
Allowing 12-hour shifts for all and night-time work for women was meant to benefit software firms, but is said to have clinched Foxconn's Rs 80 billion investment.
Failure to reinstate salary even two years after the drastic cuts has landed the airline industry in a massive industrial relation crisis. While employees of Air India had organised a strike back in 2011, it is for the first time that private airlines are facing serious stress related to workers. IndiGo witnessed two of them, back to back. In the first instance, around 50 per cent of the IndiGo flights were delayed as a large number of crew members went on mass sick leave, apparently to participate in a rival airline's walk-in job interview.
'If it doesn't, it will continue with measures to infuse liquidity, signalling a new cycle,' predicts Tamal Bandyopadhyay.
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