Govt Likely To Finalise Rules Under Four Labour Codes In A Week As It Looks To Implement Them From 1 April

The Santosh Gangwar-led Union Ministry of Labour and Employment is likely to finalise the rules under the four labour codes making headways for their implementation, reports Livemint.

The rules are aimed at giving a big fillip to ease of doing business in the nation and to give a boost to employment generation in the economy by easing compliance for various sectors to operate and grow.

The development gains significance as the Ministry is looking to implement the four labour code reforms from 1 April in one go. As a result of this, 44 central labour laws will be subsumed under four aforementioned codes.

Meanwhile, the Ministry is also set to launch a dedicated portal for informal workers by May or June. this would help in formulating schemes for migrant workers in areas like health, housing, skill development, insurance, credit and food et cetera. The portal would collect and collate relevant information on gig, building and construction workers among others.