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Labour Codes- 2020-Some Reflections


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. Acc ....

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Min green lights productivity-linked wage proposal for RPCs: Unions are still to agree


Feb 01, 2021 (LBO) – On the request of Labour Minister, Nimal Siripala de Silva, Regional Plantation Companies (RPCs) submitted a revised wage proposal to remunerate workers up to 1108 repees a day. 
The revised proposal was a
result of a settlement, negotiated with the assent of the Minister. However,
trade unions are still to agree. This resolution will ensure that workers will
earn in excess of the Rs. 1,000 demand, and will finally be rewarded for
increased productivity.
The Rs. 1108 daily wage is
achieved in the following manner: Basic Wage – Rs. 725, Price Share Supplement
– Rs. 50, EPF/ETF – Rs. 108 and an Attendance and Productivity Incentive of Rs. ....

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Voluntary Provident Fund: অবসর জীবন ফুরফুরে কাটাতে চান? জানুন সহজ উপায় - voluntary provident fund: a good investment option for retirement life, all you need to know

Voluntary Provident Fund: অবসর জীবন ফুরফুরে কাটাতে চান? জানুন সহজ উপায় - voluntary provident fund: a good investment option for retirement life, all you need to know
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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RPCs put the ball in trade unions'court – The Island


Rs. 1,000 minimum daily wage demand
During a meeting last Friday between Minster of Labour Nimal Siripala de Silva and Chairmen of all Sri Lankan Regional Plantation Companies (RPCs), a final proposal was submitted towards ensuring a ‘sustainable’ earnings model for tea estate workers, making it the trade unions’ responsibility to take the next action on the long-standing pain point of the industry.
This proposal takes into consideration the sustainability of both the industry and livelihoods of plantation workers, RPCs said.
“After a very productive meeting with the minister, RPCs have arrived at a final consensus on what we can sustainably offer, while providing the highest possible earnings potential for our workers. Our final offer amounts to a 30% increase in earnings on the fixed model, and there is no upper limit to what workers can earn under the productivity-linked components. This is the first step to modernising our entire industry, and moving beyond ....

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RPCs lay out final proposal to remunerate workers Rs. 1105 per day


Posted on
In a meeting today between the Minster of Labour Hon.
Nimal Siripala de Silva and the Chairmen of all Sri Lankan Regional Plantation
Companies (RPCs), a final proposal has been submitted towards ensuring a
sustainable earnings model for the sector. This proposal takes into
consideration the sustainability of both the industry and livelihoods of
plantation workers.
“After a very productive meeting with the Honourable
Minister, RPCs have arrived at a final consensus on what we can sustainably
offer, while providing the highest possible earnings potential for our workers.
Our final offer amounts to a 30% increase in earnings on the fixed model, and ....

Sri Lanka , Plantation Services Group , Employer Federation Of Ceylon , Sri Lankan Regional Plantation Companies Rpcs , Nimal Siripala De Silva , Sri Lankan Regional Plantation Companies , Honourable Minister , Trade Unions , Employer Federation , Basic Wage , Attendance Incentive , Productivity Incentive , Ceylon Tea , Collective Agreement , Sri Lanka Business News , Sri Lanka Finance News , Lanka Business Online , ஸ்ரீ லங்கா , தோட்டம் சேவைகள் குழு , முதலாளி கூட்டமைப்பு ஆஃப் சிஇஒய்எல்ஓஎன் , ஸ்ரீ லங்கன் பிராந்திய தோட்டம் நிறுவனங்கள் , க .ரவமான அமைச்சர் , வர்த்தகம் தொழிற்சங்கங்கள் , முதலாளி கூட்டமைப்பு , அடிப்படை ஊதியம் , வருகை ஊக்கத்தொகை ,