New government to take a call on implementation; senior official says preparatory work is underway for several provisions in the codes such as the social security fund for informal workers
Labour Codes- 2020-Some Reflections
Prof. (Dr.) D. Mukhopadhyay
According to the classical economists, labour, in terms of importance of factors of production, comes next to capital. It is perhaps impossible to carry out any production of goods and generation of service without scientific intervention of labour in any economy. Even in highly automated production and distribution system, at least one human being is required to switch on and switch off the automotive machine. Possibly, its functional importance made Labour comes under the ambit of the Concurrent List of the Indian Constitution which implies that the Central Government and the respective State Governments are statutorily empowered to make laws for regulating labour, taking care of interest of labour and maintaining industrial peace and harmony between the employees and the owners of the industrial organizations and undertakings in the country through the Parliament and the State Legislatures respectively. According to