Page 3 - Somesh Jha

Show proof of reskilling or refund: Retrenched workers face Hobson's choice

If they are unable to reskill within a fixed period of time, they will have to return the money given to them by the government

Set aside order on NPA classification freeze: RBI to Supreme Court

The RBI informed the court that the regulator had been "most proactive" in accounting a series of measures to mitigate the impact of the Covid-19

Won't splurge stimulus money, infra spending to be key: Sanjeev Sanyal

Govt's economic advisor stresses there is no demand-driven inflation yet in the economy

Adopt fixed-term contracts for seasonal work, Labour Minister asks industry

Santosh Kumar Gangwar says employees attached and involved with a unit for longer duration are more productive; attrition cost of a skilled worker harms industry in the longer run

SC asks govt, RBI to put K V Kamath panel's debt recast report on record

Case hearing adjourned to Oct 13 by when Centre and RBI will submit additional affidavits to chalk out steps to bring shape to proposals made on waiver of interest on interest for small borrowers

Centre to frame scheme to waive moratorium interest; SC to hear case today

Waiver may cost Centre Rs 5,000-7,000 crore

Firms can now convert permanent jobs into fixed-term contracts

The Industrial Relations (IR) Code, 2020, notified on September 29, has allowed companies to hire contract workers directly through fixed-term contract, known as fixed-term employment

Govt to bear interest on interest for small borrowers during moratorium

Any individual whose loan amount is less than Rs 2 crore will be eligible for waiver of the compounding of interest.

Trade unions call one-day nationwide strike on Nov 26 over labour codes

The unions include those affiliated to left political parties and Congress, apart from certain independent ones. RSS-affiliated Bharatiya Mazdoor Sangh stays out

Labour codes hugely increase coverage of workers: Santosh Kumar Gangwar

In a Q&A, the Labour and Employment Minister says Removal of rigidity in labour laws, reducing compliance levels would stimulate setting up larger industries generate employment

Doing away with rigidity in labour laws will boost jobs: Minister Gangwar

The minister said that the laws protect the workers' right to strike and it has not been "taken away from them in any manner

Hire, fire, do business: How new labour codes aim to help companies

Labour reforms passed by Parliament aim to make hiring and firing workers easier as they reduce a number of regulatory approvals. Somesh Jha explains how these reforms could help businesses

Ban cigarette breaks, encourage cycling: Govt's Covid-19 advisory to firms

Document calls for structural modification in workplaces, installation of physical barriers such as clear glass.

Centre notifies three labour codes subsuming 25 laws after President's nod

The new labour laws will be made effective by the government later

Govt defends easing retrenchment norms, says it won't be 'hire and fire'

Defends move to have fixed-term employment, insists present system of hiring workers through contractors is exploitative

Covid-19 impact: 6 months on, migrants caught between hope and despair

Lockdown bruises still fresh in their minds, it's now a fight for survival

Codes give more power to states to be flexible on labour laws

The move, after President's nod, will help industry push for exemption at a micro-level, and flexibility in retrenchment, working hours, safety standards and collective bargaining

Govt proposes liberal hire-and-fire rules for firms with under 300 workers

Proposal will be a part of the Code on Industrial Relations, 2020 scheduled to be introduced by Labour and Employment Minister Santosh Kumar Gangwar in the Lok Sabha

Govt to overhaul contract labour system, allow liberal hiring of workers

Contract workers are outside the purview of retrenchment or layoff and trade union laws, making such arrangements attractive to businesses.

The invisible workforce: Data collection on migrants tough, but possible

In reality, India does not have reliable data on the migrant worker population