Labour Bills 2020: Parliament passes 3 Labour Bills, making it easier for employers to hire and fire
Parliament on Wednesday passed the three key labour reform bills that will provide greater flexibility to employers to hire and fire while ensuring social security for workers . The three bills---- 1. Code on Occupational Safety, Health and Working Conditions, 2. Industrial Relations Code and 3. Social Security Code , were passed in the Upper House by voice vote amid boycott by the opposition over suspension of eight members. Parliament passes three Labour bills: Here are the key changes (Image | ET) Replying to the debate on the three labour reforms bills in the house, Labour Minister Santosh Gangwar said: "The purpose of labour reforms is to provide a transparent system to suit the changed business environment." The minister informed the house that as many as 16 states had already increased the threshold for closure, lay off and retrenchment in firms with up to 300 workers without government permission. “States have been given flexibility to...