Employment Current Affairs

NITI Aayog constitutes Expert Task Force on Employment and Exports

The National Institution for Transforming India (NITI) Aayog has constituted Expert Task Force to provide major thrust to job creation by enhancing India’s exports. It will be headed by NITI Aayog Vice Chairman Dr Rajiv Kumar.

The task force will give sector-specific recommendations in key employment sectors for policy interventions and suggest measures to enhance trade in services with high employment potential.

Background

Majority of Indian workforce are still employed in low-productivity, low-wage jobs in small, micro and own-account enterprises. There is urgent and sustained expansion of organized sector to address India’s unemployment and under-employment issue also jobless growth issue. Moreover considering importance of exports in generating formal sector jobs, India also needs to create favorable environment in which globally competitive exporters emerge and flourish. So, it has become necessary to devise strategy to enable shift towards more labour-intensive goods and services that are destined for exports.

Terms of References

The expert task force will propose comprehensive plan of action to generate employment and alleviate under-employment and low wages by boosting India’s exports in key labour-intensive industries. It will recommend sector-specific policy interventions in key employment sectors and suggest measures to enhance trade in services with high employment potential

It will identify key macroeconomic factors constraining exports and suggesting methods to address these constraints. It will assess effectiveness of existing schemes to promote exports. It will also suggest measures to address issues related to logistics, export credits and trade facilitation.

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Parliament passes The Employees Compensation (Amendment) Bill, 2016

The Parliament has passed The Employees Compensation (Amendment) Bill, 2016. The Bill amends the Employee’s Compensation Act, 1923.

It ensures compensation up to Rs 1 lakh to employee if an injured in an industrial accident and imposes hefty penalty in case of any violation by the employers.

Salient features of the Bill
  • Mandatory for employers to inform the employee of his right to compensation under the Act. Such information must be given in writing at the time of employing him.
  • Employer will be penalised if he fails to inform his employee of his right to compensation. Such penalty may be between Rs. 50,000 to Rs. 1 lakh.
  • Raises amount in dispute related to compensation, distribution of compensation, award of penalty or interest, etc to Rs. 10, 000. It permits the central government to further raise this amount.
  • Provision of withholding payments pending appeal if an employer has appealed against a Commissioner’s order has been deleted.
The Employee’s Compensation Act, 1923
  • It provides payment of compensation to employees and their dependants in the case of injury by industrial accidents, including occupational diseases.
  • It provides that any dispute related to an employee’s compensation will be heard by a Commissioner (with powers of a civil court).
  • Under it, appeals from the Commissioner’s order, related to a substantial question of law, will lie before the High Court only if amount in dispute is at least Rs. 300.

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