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PM said: Labor reforms will benefit workers and boost economy

PM said: Labor reforms will benefit workers and boost economy


The Prime Minister said that this labor law is a long-awaited and much awaited law and I am very happy with the passage of this law. This law will ensure the well-being of hardworking workers and promote economic development. He said that this law will make the minimum wage effective and facilitate timely payment of wages.

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PM hails passage of Labour reforms bills; says labour reforms will ensure well being of workers and boost economy
23 SEP 2020

The Prime Minister, Shri Narendra Modi has hailed the passage of Labour reforms bills by Parliament today. 

In a series of tweets, the Prime Minister said, “Long due and much awaited Labour reforms have been passed by Parliament. The reforms will ensure well-being of our industrious workers and give a boost to economic growth. They are also shining examples of ‘Minimum Government, Maximum Governance.' 

The new Labour code universalises minimum wages & timely payment of wages and gives priority to occupational safety of the workers. The reforms will contribute to a better working environment, which will accelerate the pace of economic growth. 

The Labour reforms will ensure ‘Ease of Doing Business.’ These are futuristic legislations to empower enterprises by reducing compliance, red-tapism and ‘Inspector Raj.’ The reforms also seek to harness the power of technology for the betterment of the workers and industry both.”

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Source: PIB

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