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Surveys will address lack of data on migrant workers: Minister
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Labour Minister Santosh Gangwar launches software for 5 pan-India surveys – IBC World News
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Union Labour Minister Santosh Gangwar. File
| Photo Credit: Ranjeet Kumar
The minister also released instruction manuals with questionnaires for the five pan-India surveys being conducted by the Labour Bureau. Stressing on the importance of accurate data for policy making, Labour Minister Santosh Gangwar on Thursday launched software applications for five pan-India surveys, including on migrant and domestic workers. The minister also released instruction manuals with questionnaires for the five pan-India surveys being conducted by the Labour Bureau. Addressing the occasion, Mr. Gangwar said, “Accurate data plays an important role in policy making. In the absence of accurate data, you cannot analyse the present situation and its impact in the future. It is important, so that benefits of policies percolate down to grass-route level.” He informed that with the use of information technology, 30 to 40 percent time would be saved while conducting these five surveys and an IT
New labour codes to affect employees in-hand salary, companies wage bill
While the new definition of wages will increase the social security component of compensation packages, it could also mean lesser take-home salary for employees
BusinessToday.In | February 15, 2021 | Updated 15:26 IST
Rules for new labour codes to be notified soon
The central government is set to notify the rules under new labour codes, which will have an impact on employees cost to company (CTC) as well as employers wage bills. Employers will have to modify the employee compensations once the extensive labour reforms come into play to accommodate the new definition of wages. Expected changes for employees include higher post-retirement benefits, while decline in take-home salaries. Employers are likely to see increased outgo towards provident fund (PF) and gratuity contributions.
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