FICCI welcomes government decision on fixed term employment in industry

Mar 21, 2018

The move will trigger employment generation: Rashesh Shah, President, FICCI

 

NEW DELHI, 21 March 2018: The government's measure of inserting the category of 'fixed term employee' in the Schedule attached to the Industrial Establishment Standing Order's Act, 1946, will help companies to employ people for a fixed duration for which they have orders or assignments and there will be no burden of carry-over of extra labour force during the lean season.

 

"Since, the provisions under the existing Labour laws did not provide for such flexibility, industry had inhibitions in engaging extra Labour to discharge timely commitments like export orders. The amendment will certainly remove this hurdle and employment generation will receive an impetus in coming months," said FICCI President Mr. Rashesh Shah