Minister of Labour and Employment Santosh Kumar Gangwar has said that the new Labour Codes will promote harmonious industrial relations, higher productivity and more employment generation.
Addressing the webinar ‘86th Annual General Meeting of AIOE, allied body of FICCI’, on Monday, Mr Gangwar said, the labour codes will establish a transparent, answerable and simple mechanism along with one registration, one license and less return filing for all the Codes.
He said, the government has taken several steps through Labour Codes to help the workforce and take care of their well-being.
The Minister said, the government has been constantly striving to bring in the much-needed labour reforms in the country for the first time in last 73 years.
He said, in last six years many extensive consultations were held with all stakeholders including the employers, trade unions and experts before finalizing these Codes.
Highlighting the benefits of the new Labour Codes, Mr Gangwar said that these will cover over 50 crore workers from organized, unorganized sector for minimum wages and social security.
He said, fixed term employment has been introduced and fixed term employee will get same service conditions as regular employees.
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