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The NDA government is all-bound to change the labour laws to suit the requirements of the employers. The corporates have been putting pressure on the governments continuously for the same during the last many years. The NDA government is aggressively implementing the same.
It is proposed by the government to bring “Industrial Relations Code Bill 2015” which is to amend the three earlier acts viz. The Industrial Disputes Act 1947, The Trade Union Act 1926 and The Industrial Employment (Standing Orders) Act 1946.
According to the new Bill, the companies with up to 300 workers need not take government permission for lay of retrenchment etc. At present the limit is 100 workers.
Vast majority of the companies in India will be covered by this bill and hire and fire will become law, The workers will not get any remedy except compensation.
The Central Trade Unions have already opposed the move. This will be one additional reason for the continuous struggle by the Central Trade Unions.