Govt planning new labour legislation by merging 44 laws under 4 categories

The proposed new labour law will help investors and is expected to accelerate growth, said an official

Aimed at helping investors and accelerating growth, the Modi government is planning a new labour legislation that would merge 44 labour laws under four categories-- wages, social security, industrial safety and welfare, and industrial relations.

The decision was taken at an inter-ministerial meeting chaired by Home Minister Amit Shah and attended by Finance Minister Nirmala Sitharaman, Labour Minister Santosh Gangwar, Commerce and Railway Minister Piyush Goyal among others.

"A new Labour Bill will be introduced in the coming session of the Parliament," Gangwar told reporters Tuesday after the hour-long meeting.

Gangwar said the draft bill will be placed before the Union Cabinet after