Ease of doing business Current Affairs - 2019
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Union Cabinet considers Model Shops and Establishments (Regulation of Employment and Conditions of Service) Bill, 2016
The Union Cabinet has considered the Model Shops and Establishment (Regulation of Employment and Conditions of Service) Bill, 2016.
The Bill will be sent to States/UTs so that they will be able to modify their individual Acts, if they so desire. The States/UTs can either adopt the Bill as it is or modify its provisions as per their requirements.
Key features of the Bill
- Provides freedom to the establishment to operate 365 days and also their opening/closing time.
- Covers only establishments employing ten or more workers under it ambit. It does not cover manufacturing units.
- Permits women during night shift, if the establishments have provisions of shelter, rest room, ladies toilet, transportation and adequate protection of their dignity etc.
- Does not allow discrimination against women in the matter of recruitment, training, promotions or transfer.
- Empowers Government to make rules regarding adequate measures to be taken for the safety and health of workers by the employer.
- Establishing a simplified one common online Registration procedure. Provision of clean and safe drinking water in the establishments.
- Provisions for common creche, lavatory, first aid and canteen by group of establishments. It will be applicable in case not possible for individual establishment due to constraint in space or otherwise.
- Compulsory provisions of five paid festival holidays in addition to national holidays etc.
- Provides exemption to highly skilled workers from daily working hours of 9 hours and weekly working hours of 48 hours.
- However, this provision is to subject to maximum 125 over-time hours in a quarter for the skilled workers. In this case skilled workers may be workers employed in Biotechnology, R&D and IT division.
This model Bill will bring uniformity in the legislative provisions for making it easier for all the States to adopt it. It will ensure uniform working conditions across the country and also facilitate generation of employment opportunities and ease of doing business. It will also allow shops, malls and cinema halls, among other establishments to run 24×7 throughout the year.
India has been ranked second position as per 2016 Global Retail Development Index (GRDI) released by London-based business consultancy A T Kearney.
India has jumped 13 positions from last year (2015) to rank second among 30 developing countries on ease of doing business.
Key Highlights of 2016 GRDI
- The sharp pick up in GDP growth and better clarity regarding FDI regulations have helped India achieve a second ranking.
- India’s retail sector has expanded at a compound annual growth rate of 8.8% between 2013 and 2015, with annual sales crossing the US 1 trillion dollars mark.
- India has also become the world’s fastest growing economy and more attractive market due to its large population base and easing of FDI regulations in retail sector.
- India’s retail sector has also benefited from the rapid growth in e-commerce. Being world’s second largest internet market and increasing smartphone and internet penetration has contributed to the expansion of e-commerce.
About Global Retail Development Index (GRDI)
- The GRDI is annually published by London-based business consultancy A T Kearney.
- It analyses 25 retail-specific and macroeconomic variables to help retailers devise successful global strategies to identify emerging market investment opportunities.
- The study is unique as it identifies the markets that are most attractive in present and also their future potential.