The dust has barely settled post-farm law reforms, and the Centre is already rolling out another massive shakeup: four new labour codes. The goal? To future-proof Indian industry against global economic storms and, crucially, to bring millions of unorganized workers – many in the booming tech and gig economy – under a social safety net.
This isn’t just tweaking regulations; it’s a full-on modernization drive. Think simpler compliance, standardized definitions, and broader coverage. While trade unions are raising concerns (change is *never* easy), the government is betting that the millions of contractual and platform workers who’ve been operating in a grey area will see the benefits. Imagine finally having access to basic protections and benefits!
For the tech sector, this could mean significant changes in how you manage your workforce, especially those armies of freelancers and contractors. Getting your HR policies in line with the new codes *now* will save you headaches later.
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This is a bold move. Will it pay off? Only time will tell. But one thing is clear: the future of work in India is being actively reshaped.
Source: Economic Times
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