What are the key changes made by PM Narendra Modi to labor laws? How will these changes benefit the manufacturing industry and ensure the…

economy : polity : What-are-the-key-changes-made-by-PM-Narendra-Modi-to-labor-laws-How-will-these-changes-benefit-the-manufacturing-industry-and-ensure-the-safety-of-workers

Answer by Harshit Ladva:

The Campaign under which ULP and UAN are undertaken is called SHRAMEVA JAYATE.

 Six Six subsidiary schemes are revamped under the campaign.

  • Universal Labour Account Number.
  • Online compliance for labor laws.
  • Labor inspection system.
  • Revamped ITIs.
  • Apprenticeship scheme.
  • Health Insurance scheme


My View
It is good.
Can be made better if Ministries inter-communicate.


Why is it good ?

  • Will encourage ease of doing business.
  • Makes law manufacturer – friendly without jeopardizing laborer's welfare.
  • Promotes Financial Inclusion – UAN will promote salaries to be paid via bank accounts.
  • Promotes Social Security – ULP and UAN will make sure employers register their employees to EPFO ( Employer's Provident Fund Organisation) and ensure retirement benefits to laborers.
  • Promotes Social Inclusion – Migratory , casual and unorganized laborer's  won't have to give up their benefits and perks from time to time due to nature of their work.

What are the key changes made by PM Narendra Modi to labor laws? How will these changes benefit the manufacturing industry and ensure the…

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