House panel opposes lay-off payment for workers during natural calamities

At a time when the novel coronavirus has led to a big disruption in the economic activities due to a national lockdown, a Parliament Standing Committee (PSC) has asked the government to re-visit a clause in labour laws which allow workers to get lay-off compensation in case businesses are disrupted by a ‘natural calamity’.
 

The Standing Committee has suggested that the government allow bigger companies to retrench workers, without the need to seek official nod from the government and asked the government to put a cap on the number of times firms can renew contract of workers. It has further