SBI expects India's four new labour codes to boost formalisation 15%, extend social security to 85%, and create 7.7M jobs, though costs and state rules may affect results
While the Centre is expected to publish the draft rules and notify them in due course, state governments have made significant moves
India's textile sector says new labour codes will strengthen compliance with due-diligence norms and enhance global competitiveness
The Indian IT/ITeS sector is one of the largest employment generating sector. The industry is expected to have an employee base of 5.8 million in FY26, according to UnearthInsights
Developers expect short-term cost and timeline pressures, but say unified labour laws will bring predictability, better compliance and steadier workforce availability
From AI monitoring and smart PPE to mandatory safety marks, India's workplaces are set for a shift as digital tools and regulations reshape occupational safety
The Joint Platform of Central Trade Unions (CTUs), comprising 10 Central Trade Unions including (CITU), have called for protests from November 26
While the new rules offer social security and minimum-wage benefits, they also allow companies to hire and fire workers more easily
Eternal Ltd on Saturday welcomed the implementation of the four labour codes, which it said will help strengthen the social security access for gig workers, including for it Zomato and Blinkit businesses. In a regulatory filing, Eternal, the parent entity of Zomato and Blinkit said it does not think the financial impact on account of these rules will be detrimental to long-term health and sustainability of its business. The government on Friday notified the four labour codes, which have rationalised 29 existing labour laws. These will formalise employment, strengthen worker protection, and make the labour ecosystem simpler, safer and globally aligned. The four labour codes are -- the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020. Under the new codes, 'gig work', 'platform work', and 'aggregators' have been defined for the first time. The codes stipulate that aggregat
Govt to soon put draft rules in public domain for consultation
Industry needs to deal with workers differently. Each worker will not just be a cog in the wheel but an active participant taking responsibility for a flexible and malleable production process
The four Codes that are part of the Centres's attempts to enact labour reforms have remained stuck, with neither the Centre nor the states moving to notify them yet
People with advanced education qualifications have more workload on them
If we implement with speed, transparency and collaboration, the Codes can anchor India's next growth chapter
The Centre's draft labour and employment policy reflects new economic realities. But, concerns remain over its enforcement in a labour landscape marked by a massive informal sector
To harness this shift, the Shram Shakti Niti draft outlines a series of interventions to bridge the divide between skill and opportunity
Govt forms panel to align state labour laws with new labour codes, pushing reforms to boost jobs, investment and ease of doing business
Panel wants faster action on wage ceiling revision, Aadhaar seeding, and improved incentives for doctors to ensure broader coverage ahead of Social Security Code rollout
Boeing workers who build fighter jets are planning to go on strike on Monday at midnight Central Standard Time. About 3,200 workers at Boeing facilities in St Louis, St Charles, Missouri, and Mascoutah, Illinois, voted to reject a modified four-year labour agreement with Boeing, the International Association of Machinists and Aerospace Workers union said on Sunday. "IAM District 837 members build the aircraft and defence systems that keep our country safe," said Sam Cicinelli, Midwest territory general vice president for the union, in a statement. "They deserve nothing less than a contract that keeps their families secure and recognises their unmatched expertise." The vote followed members' rejection last week of an earlier proposal from the troubled aerospace giant, which had included a 20 per cent wage increase over four years. At the time, union leaders had recommended approving the offer, calling it a "landmark agreement" and saying the offer would improve medical, pension and
According to the letter sent by the ministry addressing the chairman and managing director of TCS, the meeting will be held on August 1