Most of the entrepreneurs in Yamunanagar and Faridabad have decided to raise the retirement age by two years from 58 years, Minister of State for Labour and Employment Shiv Charan Lal Sharma said at a seminar in Gurgaon.
Industrialists should develop mutual understanding and respect with their employees and this cordial relationship shared between the management and labourers would help in preventing strikes and lockouts, he said.
The minister also stated that Haryana has a massive industrial base in which 1,347 large and medium industries and about 80,000 small scale units are operational.
The state is emerging as one of the most sought after investment destinations in the country due to its positive industrial and labour policies, he said.
The government is committed to enhance production and has taken effective measures to ensure implementation of labour welfare laws, which is apparent in Haryana's economic development, he added.