Retrenchment Norms
Layoffs deemed illegal if not carried as per Industrial Disputes Act: Yadav
Amid reports of mass layoffs by several firms, including in the IT sector, Labour and Employment Minister Bhupender Yadav on Thursday said any retrenchment and layoffs are deemed to be illegal if not carried out as per the provisions of the Industrial Disputes Act. The minister was replying in the Rajya Sabha to a question about whether the government has taken cognizance of the mass layoffs in various multi-national and Indian companies in the IT, social media, Edu Tech firms and related sectors. Matters relating to layoffs and retrenchment in industrial establishments are governed by the provisions of the Industrial Disputes Act, 1947 (ID Act) which also regulates various aspects of layoffs and conditions precedent to retrenchment of workmen, said Yadav in reply to a question in the Rajya Sabha. As per the ID Act, establishments employing 100 persons or more are required to seek prior permission of the appropriate government before effecting closure, retrenchment or ...
 "Layoffs deemed illegal if not carried as per Industrial Disputes Act: Yadav")
Show proof of reskilling or refund: Retrenched workers face Hobson's choice
If they are unable to reskill within a fixed period of time, they will have to return the money given to them by the government
 "Show proof of reskilling or refund: Retrenched workers face Hobson's choice")
Govt defends easing retrenchment norms, says it won't be 'hire and fire'
Defends move to have fixed-term employment, insists present system of hiring workers through contractors is exploitative
 "Govt defends easing retrenchment norms, says it won't be 'hire and fire'")
After long stint, retrenched Raymond staff stare at tough legal battle
Company denies retrenching 'workers', says cost rationalisation has impacted some managerial positions
 "After long stint, retrenched Raymond staff stare at tough legal battle")
Covid-19 crisis: Centre seeks Irdai, GI Council view on retrenchment cover
In a recent letter to the Prime Minister, Union Minister for Road, Transport, and Highways Nitin Gadkari had suggested the need for an insurance product that gives subsistence salary
 "Covid-19 crisis: Centre seeks Irdai, GI Council view on retrenchment cover")
Companies will soon be required to pay for re-skilling retrenched workers
The fund will be formed through contribution from employers equivalent to '15 days of wages last drawn' by workers being retrenched
 "Companies will soon be required to pay for re-skilling retrenched workers")
Centre drops proposal to relax retrenchment norms for industries
Central trade unions protested against any change in laws that allow factories to hire and fire workers without govt's permission
 "Centre drops proposal to relax retrenchment norms for industries")
Too much of a political risk? Govt may hold plan to ease hire-and-fire
Protests by labour unions, political risk likely reasons
 "Too much of a political risk? Govt may hold plan to ease hire-and-fire")
