Centre may notify labour codes in 4 months. (Economic Times, 7th July 2021)
The labour ministry may notify the labour codes in the next three-four months, paving way for their implementation as it expects over 15 states to be ready with rules in their domain by that time.
The implementation, however, could be partial as some of the provisions like the national floor-level minimum wage and gratuity payout could kick-in later, giving a breather to the employers to tide over the financial stress on their balance sheets due to the pandemic.
Synopsis
“Five states have notified rules across four codes and at least a dozen more are expected to notify soon,” a government official said. “The Centre is ready with rules in their domain and could notify all the rules across four codes in the next three-four months.”
Source: Economic Times, 7th July 2021
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58The labour ministry may notify the labour codes in the next three-four months, paving way for their implementation as it expects over 15 states to be ready with rules in their domain by that time.
The implementation, however, could be partial as some of the provisions like the national floor-level minimum wage and gratuity payout could kick-in later, giving a breather to the employers to tide over the financial stress on their balance sheets due to the pandemic.
Synopsis
“Five states have notified rules across four codes and at least a dozen more are expected to notify soon,” a government official said. “The Centre is ready with rules in their domain and could notify all the rules across four codes in the next three-four months.”
Source: Economic Times, 7th July 2021
EMKAY CONSULTANCY SERVICES (ESTT 1985)
LABOUR LAW CONSULTANT
PF, ESIC, PT, MLWF, ContractLabour Act, Bonus, Gratuity, Maternity Act, Shop License, Registration and Licensing und Contract Labour Act,
Minimum Wages, Payroll, Sexual Harassment of Women at Workplace, Udyog Aadhaar, LINGeneration, Labour Law Compliance and Vendor Audit
202, Shreeji Villa, LoharAli, Station Road,Opp. Karnavat Classes &Near Laxmi book depot, Thane (West) – 400 601.
Office Nos. - 022 49699968 / 9833043749 / 8655800550 Mr. Raychand J. : 8779875109 / 9324678950
www.emkayconsultancy.in
Like us on Facebook
From India, Thana
Yes, there is all probability that GOI may push for faster implementation of COW, soon. If the third wave of Covid 19 is not that imminent, we should not be surprised to see an update in this quarter itself.
There are a lot of reading material available on COW but found this comprehensive guide on Code on Wages as very useful. https://qr.ae/pG4Bhs
From India, Bangalore
There are a lot of reading material available on COW but found this comprehensive guide on Code on Wages as very useful. https://qr.ae/pG4Bhs
From India, Bangalore
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Press Information Bureau on labour codes_Loksabha passes the codes.pdf