Business Standard

Monday, December 30, 2024 | 12:07 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

US seeks enterprise-based probe into errant firms under IPEF deal

The US has also proposed possible business-academia tie-ups to increase the availability of skilled workers and consultations with business and worker associations to develop policies

Probe
Premium

Illustration: Binay Sinha

Asit Ranjan Mishra

Listen to This Article

The US has put forward a proposal under which member countries of the Indo-Pacific Economic Framework (IPEF) can seek enterprise-based investigation to address specific concerns in a company through a Tripartite Labour Committee comprising a representative each from the government, employer, and labour union. The idea is to generate awareness among consumers about companies violating labour norms and ensure that goods and services of such firms are not consumed.

“Given that the International Labour Organization (ILO) already has such a tripartite mechanism for all its member nations, the Indian government believes a similar framework under IPEF will lead to duplication

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in