The new wage definition is an attempt to simplify the various regulations related to wages with the promise of easier implementation. However, India Inc still awaits the details. The Bill is anticipated to get enforced by April 2021

Ministry has now sought views from stakeholders on these draft rules in 45 days. Along with OSH & WC, govt has also put forward draft rules for all four labour codes

The labour ministry had gathered inputs over the next 45 days from the date of notification, following which the final rules will now be notified

Neither the Wage Code 2019 nor the draft Rules 2020 notified in July 2020 under it links wage to labour productivity, strengthen implementation regime, make minimum wage universal or limit working hours to 8-hour a day to improve the lot of workers

Yesterday, SBI proposed a voluntary retirement scheme under which the bank said about 30,190 employees are eligible. SBI has an existing workforce of around 2.50 lakh

In a major change from the past, the draft rules propose that every employer has to issue wage slips, electronically or physically to the employees. This would add to transparency and reduce harassment of workers

Easier and simpler labour laws, and flexibility to manage employees, can work wonders for businesses

Coronavirus India live updates: The Supreme Court (SC) will reopen its court premises and resume work from the courtrooms from next week. However, the lawyers will argue cases from their chamber, said sources. The total count of confirmed COVID-19 cases jumped to 70,756 on Tuesday, as per the Union Health Ministry

Given its predominant role as a source of livelihood, the informal economy needs to be fixed first once the health crisis blows over. This would call for a series of long-neglected steps such as collecting comprehensive data on informal establishments and informal labour, benchmarking reasonable national minimum wage, providing comprehensive social security cover and reviving MSMEs

The draft rules under Section 67 of the Code on Wages, recently released by the labour ministry for stakeholder comments, recommends nine-hour working days with one day of rest every week. It has drawn flak from trade unions

The new policy will replace the industrial policy of 1991 which was prepared in the backdrop of balance of payment crisis. This will be the third industrial policy after the ones released in 1956 and 1991

The fact that Modi wanted Santosh Gangwar to continue in the labour and employment ministry only proves the importance the government attaches to his 'reform agenda'.

Facebook brings stricter ad rules ahead of 2019 Lok Sabha electionsNews from Facebook is that it would extend some of its political advertising rules and tools for curbing election interference to India, Nigeria, Ukraine and the European Union before significant votes in the next few months.As the largest social media service in nearly every big country, Facebook since 2016 has become a means for politicians and their adversaries to distribute fake news and other propaganda. In India, which v...

Prime Minister Narendra Modi described the projects as a new year gift for the people of Odisha to ensure speedy development of the state

E-tailers, traders welcome new FDI policy; small vendors say 25% limit will deter entrepreneurshipE-commerce firms and trade groups on Wednesday appreciated the new rules for the sector, noting that the norms would help create level playing for all sellers. But small vendors are a worried lot over the condition on vendors to sell only 25 per cent of their products through an e-commerce platform. The monitoring and compliance mechanism of the new policy has been questioned by All India Online ...