The Maharashtra government has moved a step closer towards a major labour reform which will make it easier for factories in the state to shut down or lay off workers.
A cabinet sub-committee has cleared reforms to the Industrial Disputes Act 1947, which will allow 96% of the industrial units in the state to close down and retrench workers without seeking government permission.
Currently, factories with less than 100 workers do not need government permission for closures and layoffs. In line with the reforms already in place in BJP-ruled Rajasthan, the sub-committee has suggested amending the law to extend the waiver to factories with less than 300 workers.
The proposal to amend the Industrial Disputes Act, 1947 is expected to be tabled in the state cabinet next week. If cleared by, it will have to be passed by the state legislature. Since it is a central law, the amendment will also need to be approved by the President.
Maharashtra has 37,234 factories employing 25.16 lakh workers. Currently, 87% of these factories employ less than 100 workers and hence do not need government permissions for closures or lay-offs.If the amendment goes through, 3,426 factories employing 5.84 lakh workers will be added to the exempted category. In all, the waiver will then apply to 96.2% of factories
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