Central Government is now Preparing to Postpone the New Labor Laws

The deadline for the implementation of labor law has been extended. The next date is not yet fixed. In this, it is easy for companies to appoint-dismissal.
Image Credit: Business Today
Image Credit: Business Today

On 19th November, the central government announced the withdrawal of three agricultural laws. On this, the Labor ministry sources said that the deadline for implementing the new labour laws has been extended four times. When the deadline to implement the law was extended for the first three times, the ministry set the next date. However, for the fourth time, the ministry did not set the following date.

An official said that there are assembly elections in five states in the next three-four months. Only then can laws be considered for enforcement. The Center had passed bills in 2019 and 2020 regarding labor laws. 10 trade unions are against it. Unions object to the provisions in which the rules for hiring and dismissing employees have been eased for companies.

Image Credit: Legodesk
Image Credit: Legodesk

Problems of government and corporate world 

According to the sources, after the withdrawal of agricultural laws, the government has made up its mind to postpone the implementation. After withdrawing the agricultural laws people are protesting against the government. From a political viewpoint, the government is not reacting to it due to the assembly elections in five states. On the other hand, the corporate world is angry about the non-implementation of the new law.

Society General GSC, Kunal Kundu says that the delay in implementing labor laws will become a setback for the economy. As the central government has made new laws with the intention of creating a helpful environment for business. And at the same time, to increase the investment in the country. Considering this, if the implementation of new laws will be delayed then it would harm the economy of the country. The business world is also under a lot of pressure due to Covid. Therefore, the reforms made in the law should be implemented soon.

Rules were made in 10 states and union territories only

Two years ago, the central government announced the draft rules related to industrial relations, wages, social security and workplace safety. Based on this, only 10 states and union territories have made their rules so far. Whereas, at present, there are governments of the BJP or its allies in 17 states and union territories. In view of the trade union's objections, most state governments have put the issue on hold.

Related Stories

No stories found.
logo
Since independence
www.sinceindependence.com