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Labour Code on Industrial Relations 2019
November 22 , 2019
1825 days
1022
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- The Union cabinet has approved the Labour Code on Industrial Relations 2019.
- It ‘allows’ companies to hire workers on fixed-term contract of any duration.
- The Bill proposes giving a legal framework for fixed-term employment.
- Under new rules, contract workers serving a fixed-tenure will get equal statutory social security benefits as regular workers in the same unit.
- Factories with upto 100 workers need to take government’s permission to retrench, lay off or shut shop.
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