Changes have been proposed in revised and final version of proposed Code on Social Security, 2020, which is likely to come up for passage in monsoon session of Parliament.
New Delhi: In line with the Narendra Modi government’s efforts to improve ease of doing business by decriminalising laws, the Union Ministry of Labour is all set to relax penal provisions for violations under the Employee Provident Fund Act and the Employee State Insurance Corporation Act, ThePrint has learnt.
The relaxed provisions are part of the revised and final version of the proposed Code on Social Security (CoSS), 2020, which is likely to come up for passage in Parliament in the upcoming monsoon session.
The labour ministry will shortly move the cabinet to get a nod for the changes to the code, sources in the government said.
The move comes after the ministry accepted several recommendations of the standing committee on labour. The code had been referred to the panel after its introduction in the Lok Sabha in December 2019.
Now, under the revised CoSS, the ministry has proposed to reduce jail terms for various violations, which were there in the existing nine laws that have been amalgamated into the code.
Source: ThePrint
