INSIGHTS CURRENT EVENTS: 20 OCTOBER 2014

Productivity Linked Bonus for Railway Employees The Union Cabinet chaired by the Prime Minister gave its ex-post facto approval for the payment of Productivity Linked Bonus (PLB) equivalent to 78 days` wages for the financial year 2013-14 to all eligible non-gazetted Railway employees. The PLB on Railway covers all non-gazetted Railway employees (excluding RPF/RPSF personnel) …

The Big Picture – Labour reforms: Do they balance labour and industry concerns?

Summary: The issue of labour reforms has been under debate for some years now. The present government has come up with a set of new measures. After having brought in amendments to the Factories Act and Apprenticeship Act, another set of reforms have been initiated. These reforms announced recently, like unified labour portal, universal account …

Labour Issues and Need For Labour Reforms in India

http://insightsonindia.com Background Democratic developing countries always have challenge of development which should benefit impoverished masses by way of providing employment and decent standard of living .Universal adult Franchise which is landmark of democracy gives voice to labor which is strong in numbers. These countries can’t ignore interest of labor in favor of industry and capital. …