Labour Law's Main Objective Is To Remove Imbalance Between Employees & Employers, Says Kaushik Chakraborty

Labour laws in India were in discussion for a long period of time. These reforms are expected to finally shape in four labour codes covering wages, social security, occupational safety, health and working conditions, and industrial relations. These new labour codes are made the basis of the International Labour Organization (ILO). Also, standards and a consultative process engage various stakeholders.

While speaking on the Changing Landscape of labour laws in India Sunil Wariar, Chief People Officer, Future Generali India Insurance Company Limited said, Last two to three years have been revolutionary in terms of rediscovering ourselves which has been a learning for us. But most importantly the service industry is geared up in a subsisting way. I think product and management sectors may have challenges beyond services. There is a lot we have to do to ensure that human resources are made available with the right skills and having a pipeline in a regulatory environment.”

On the other side in view of Kaushik Chakraborty, CPO, Savills India, the main objective of labour law is to create balance and remove imbalance between employees and employers, there is a need to happen from the implementation point of view.

Many labour laws have been enacted by the government not only for the protection of workers but also to protect workers against discrimination in employment and in the working government, to ensure a healthy relationship between employer and employee for a smooth and productive working environment.

Deepak Deshpande, Senior Director, NTT Global Data Centers and Cloud Infrastructure India, emphasized that the two primary steps companies can think solve issue related to labour laws in India are, “First the determination of policymakers to implement changes while the intent is good implementation is weak, and the second is we have to find out a beauty point where employer and policymakers are able to find a common ground to discuss what they can do further.”

Rabeen Singh, CHRO, Tata Advanced Systems Ltd. shared his views on the modification needed in the labour laws, he said, there are three players in this entire ecosystem that is employee, employer and government. And the way forward is around these three things, the relative law has to be customised, there is a need for digital change, and all three players, employees, employers and government should be humble in their work.

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