Handbook on Labour Codes - A ready reference for CXOs and public policy professionals highlighting key changes in the legal framework for the IT and BPM industry | nasscom | The Official Community of Indian IT Industry

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Handbook on Labour Codes - A ready reference for CXOs and public policy professionals highlighting key changes in the legal framework for the IT and BPM industry

Sudipto

@Sudipto

April 23, 2024

Public Policy

2161

India's economic growth and development are inextricably linked to the productivity and well-being of its workforce. As the nation continues its upward trajectory, the importance of progressive labour laws that safeguard workers' rights while fostering a conducive business environment cannot be overstated. The Indian government's recent enactment of four Labour Codes marks a landmark reform in this direction, aimed at streamlining and modernising the country's labour regulations.

Nasscom in collaboration with its knowledge partner, Nishith Desai Associates has designed a Handbook on Labour Codes (Handbook) to serve as a ready reference guide for CXOs and public policy professionals highlighting key changes in the legal framework by these newly enacted labour laws, with a particular focus on the Information Technology and Business Process Management (IT-BPM) sector.

The IT-BPM industry, a driving force behind India's remarkable economic progress, has unique workforce requirements and dynamics that necessitate a nuanced understanding of the relevant labour regulations.

Through this Handbook, we aim to provide a concise, yet thorough overview of the provisions outlined in the four Labour Codes, namely the Code on Wages, the Code on Social Security, the Code on Industrial Relations, and the Code on Occupational Safety, Health and Working Conditions. By distilling the intricate legal provisions into practical insights, we endeavour to equip businesses with the knowledge required to navigate the evolving labour landscape effectively.

Moreover, this Handbook recognises the pivotal role of stakeholder collaboration in shaping a robust and inclusive labour ecosystem. We extend an invitation to industry professionals, policymakers, and subject matter experts to share their valuable feedback to contribute to the discourse that nurtures economic growth while prioritising the welfare of workers.

It is our sincere hope that this Handbook will serve as a valuable resource for businesses operating in the IT-BPM sector, enabling them to align their practices with the newly enacted labour laws seamlessly.

We wish to convey special thanks to our knowledge partner, Nishith Desai Associates for helping us to create this Handbook.

Please see the attachment section to download a copy of the Handbook. For any further information on the above, please write to sudipto@nasscom.in and vertika@nasscom.in with a copy to policy@nasscom.in

Labour codes handbook

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Sudipto