- Santosh Gangwar said the draft bill will be placed before the Union Cabinet after which it will be introduced in Lok Sabha
- The four categories will deal with wages, social security, industrial safety and welfare, and industrial relations
Aimed at helping investors and accelerating growth, the Modi government is planning a new labor legislation that would merge 44 labor laws under four categories– wages, social security, industrial safety and welfare, and industrial relations.
The decision has been taken at an inter-ministerial meeting chaired by Home Minister Amit Shah and attended by Finance Minister Nirmala Sitharaman, Labor Minister Santosh Gangwar, Commerce and Railway Minister Piyush Goyal among others.
“A new Labor Bill will be introduced in the coming session of the Parliament,” Gangwar told reporters Tuesday after the hour-long meeting.
Gangwar said the draft bill will be placed before the Union Cabinet after which it will be introduced in Lok Sabha, possibly in the second week of the coming Parliament session.
“All major labor unions in the country were consulted by the government for the new labor laws,” he said.
The four categories will deal with wages, social security, industrial safety and welfare, and industrial relations, an official said.
Source: Livemint
