Industrial Relations Code, 2020: Promoting Harmony and Ease of Doing Business
The Industrial Relations Code, 2020 aims to consolidate and simplify existing labor laws to promote industrial harmony and ease of doing business. It reduces compliance burdens, expands definitions of 'worker' and 'industry', and introduces provisions for fixed-term employment and statutory recognition of trade unions. The Code enhances worker protections while providing flexibility for employers, fostering a balanced and growth-oriented work environment.
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