Labour Law News
Worker scarcity: Low-wage labour in India is crying out for a quantum leap in pay
As large employers like L&T express concerns about an urban shortage of workers, the role of freebies is being raked up. But this is just a side-story. Aspirations need to be stoked—through the offer of far better lives.
3 min read18 Feb 2025Red-tape relief: Six things India’s regulatory reform committee must do
The announcement of a high-level panel on regulatory reforms is a breath of fresh air. Regulations should be guard-rails, not booby traps. It’s time to slash red tape, simplify laws and inject logic into governance.
3 min read6 Feb 2025Labour to strengthen workers’ rights, women employee safety in focus: Economic Survey
Some key reforms implemented by states include increasing the threshold for prior approval of retrenchment, layoff, or closure of establishments from 100 to 300 workers; fixed-term employment; allowing women to work night shifts with safety provisions
2 min read31 Jan 2025American employees have lost their post-pandemic leverage in the labour market
While unemployment in the US is okay, its hiring rate is sending a recession signal. The covid empowerment of workers was welcome, but the power balance has tilted away from them again.
4 min read23 Jan 2025Mass Firings: Indian Start-Ups Employees In Rebel Mode | ’Want Better Contracts, Flexibility, Stake’
Thousand of Employees have been fired from the VC funded Indian Startup ecosystem over the last 4 years. Many of them have not been handed severance pays while almost all of them were asked to leave instantly. And the reasons are largely out of their control. Employees are now asking for better contracts, moonlighting options, flexibility and other options. There argument: If Startups are selfish, why shouldn’t we be? But are there labour laws supporting this change? MINT DEEP DIVE delves into the subject and talks to various stakeholders on & off the record to understand the reasons for mass firings, what is happening at these startups and what kind of impact it is having on Indian economy #startup #india #byjus #swiggy #mint #news #deepdive #firingstatus #unemployment #jobs #employees #technology #fintech #edtech #abhinavtrivedi #stockmarket #inflation #law #legal #labourlaws #narayan #narayamurthy #mentalhealth #overworked #depression #moonlight #moonlighting #stockmarket #upgrade #skills #skilldevelopment #ai #artificialintelligence #automation #podcast #career
25 Dec 2024It’s about effective law enforcement: Let’s recommit the country
Small yet practical steps can make a difference that political moves to satisfy public outrage won’t. A national blue ribbon commission, composed of the Union home ministry and all state governments, is a way forward.
4 min read8 Sep 2024How the Supreme Court, Like the Fed, Reshapes Your Finances
The justices’ coming decision on student-debt cancellation is among cases with direct impact on people’s wallets
4 min read8 Jun 2023Merely changing labour laws won’t draw Apple and Co to India | Mint Primer | Mint
Join us as we delve into the recent labor law amendments in Tamil Nadu and Karnataka, two southern states in India, and explore their implications for workers, manufacturers, and the nation’s quest for global manufacturing supremacy. The amendments, driven by global manufacturers like Apple, aimed to extend daily working hours but faced opposition and subsequent withdrawal in Tamil Nadu. The Congress Party criticized the BJP-led Karnataka government’s anti-labor policies and pledged to repeal the amendments if elected. This video examines the impact of these legal shifts, highlights the disparity between organized and unorganized labor conditions, and discusses the challenges in attracting global manufacturers away from China. Discover why weaker labor protections may not be the solution and explore the key factors that states must focus on to attract investments and promote better compliance with labor-protection regulations. Don’t miss this insightful analysis on India’s journey towards achieving a robust manufacturing sector and creating a conducive environment for both workers and manufacturers.
25 May 2023With focus on India, Apple may likely drive 120,000 jobs by FY24: Report
By FY26, it is anticipated that at least 300,000 new positions could be added from which 100,000 could be direct while 200,000 indirect.
2 min read11 Mar 2023Worker scarcity: Low-wage labour in India is crying out for a quantum leap in pay
As large employers like L&T express concerns about an urban shortage of workers, the role of freebies is being raked up. But this is just a side-story. Aspirations need to be stoked—through the offer of far better lives.
3 min read18 Feb 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared