As many as 44 central labour laws are most likely to be subsumed under four labour codes in 2020, making it a year of reforms as the Government works to bolster investments and tackle slowdown blues.
Besides, the Union Labour Ministry is mulling launching a “Santusht” portal next month for effective implementation of labour laws at the grass-root level.
Entering 2020, the government hopes that India would be able to implement all four codes on wages, industrial relations, social security and occupational safety, health and working conditions. These are expected to improve ease of doing business and safeguard interest of workers.
“We hope that 2020 would be an year of labour reforms. The four codes would be a reality in 2020. The codes would safeguard the interest of workers and employers. We have tried to strike a balance between workers’ as well employees’ rights,” Labour Minister Santosh Gangwar told PTI.
The labour reforms assume significance in view of an over six-year-low gross domestic product (GDP) growth of 4.5 per cent in the second quarter of this fiscal.