Centre To Fast-Track Labour Law Changes
In a bid to attract investors looking to shift manufacturing to India, the Centre could tweak labour law changes and fast-track their implementation to ensure uniform regulations that offer flexibility to new and existing businesses across the country. The four labour codes, formed by subsuming as many as 44 labour laws, have given powers to the appropriate state and central authorities to make changes to suit industry requirements through simple notifications. Ordinance route could be adopted to enact the labour codes. Fast-tracking these codes will also ensure the expeditious rollout of universal social security for all workers, particularly those in the informal sector.
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