President clears Madhya Pradesh labour reforms
Companies
employing up to 300 workers will be allowed to retrench workers or shut shop
without government approval in Madhya Pradesh against the provision for up to
100 workers earlier.
Easier
Rules
·
Retrenched
workers to get at least 3 months’ compensation
·
In
the event of a dispute, a worker has to approach conciliation officers within 3
years
·
Workers
to get earned leave after 6 months, which could be availed of in the same
calendar year
·
Overtime
hours in a quarter raised from 75 hours to 125 hours
·
Women
can work in night shifts; state government to ensure security
·
Plant
& machinery to be excluded in calculating building and construction cess.
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