Another Step Towards Labour Reforms

Continuing with its push for labour reforms, the NDA government has ushered in a series of progressive steps during the Parliament's recently concluded monsoon session.

In this Newsflash, we take a close look at what these reforms mean for the industry and how it affects the Indian workforce.

1. Maternity Benefit (Amendment) Bill 2016 (MB Bill)

Introduction

The Maternity Benefit (Amendment) Bill 2016 to amend the Maternity Benefit Act 1961 (MB Act) was passed in the Rajya Sabha on 11 August 2016. Subject to approval by the Lok Sabha and Presidential assent, the MB Bill is all set to be a statute on and from the date that it is notified in the Official Gazette. Post the recently concluded monsoon session of the Parliament, the MB Bill is now expected to be introduced in the Lok Sabha only in the upcoming winter session (typically, held during November-December), unless the proposed amendments to the MB Act are introduced by way of an ordinance in accordance