India

Haryana govt’s nod to Ordinances to push industries and investment

The Haryana Cabinet, which met under Chief Minister Manohar Lal in Chandigarh on Monday, gave approval to bring Ordinances to amend several Acts. Following the same, the Cabinet has given approval to bring the Ordinance in the Industrial Disputes Act, 1947 for empowering the state government to grant exemption from certain provisions of the Act for a period of 1,000 days to a new establishment/undertaking or any class of new establishments.

The draft of the Industrial Disputes (Haryana Amendment) Ordinance 2020 that will be brought before the Council of Minister in its the next meeting shall help industry to adapt and rise to new economic realities swiftly. This Ordinance will also help in increasing investment and providing employment opportunities to the workforce.

After the Ordinance receives the assent of the Governor and the President of India, it would be possible for state government to exempt such new industrial establishments or new undertakings from the provisions of the Industrial Disputes Act, 1947 for 1,000 days.

Similarly, the government has given approval to amend the Factories Act, 1948 by bringing an Ordinance to empower the state government to grant exemption from certain provisions of the Act for a period of 1,000 days to a new establishment/ undertaking or any class of new establishments.

Ravinder Malik

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