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What are the labour policy of India?

What are the labour policy of India?

Labour policy in India has been evolving in response to specific needs of the situation to suit requirements of planned economic development and social justice and has two fold objectives, namely maintaining industrial peace and promoting the welfare of labour. Labour Policy Highlights –

 Creative measures to attract public and private investment.

 Creating new jobs

 New Social security schemes for workers in the unorganized sector.

 Social security cards for workers.

 Unified and beneficial management of funds of Welfare Boards.

 Reprioritization of allocation of funds to benefit vulnerable workers.

 Model employee-employer relationships.

 Long term settlements based on productivity.

 Vital industries and establishments declared as `public utilities`.

 Special conciliation mechanism for projects with investments of Rs.150 crores or more.

 Industrial Relations committees in more sectors.

 Labour Law reforms in tune with the times. Empowered body of experts to suggest required changes.

 Statutory amendments for expediting and streamlining the mechanism of Labour Judiciary.

 Amendments to Industrial Disputes Act in tune with the times.

 Efficient functioning of Labour Department.  More labour sectors under Minimum Wages Act.

 Child labour act to be aggressively enforced.

 Modern medical facilities for workers.

 Rehabilitation packages for displaced workers.

 Restructuring in functioning of employment exchanges. Computerization and updating of data base.

 Revamping of curriculum and course content in industrial training.

 Joint cell of labour department and industries department to study changes in laws and rules.

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