9 months ago

CII AP Welcomes Four Labour Codes as Landmark Reform

CII AP Welcomes Four Labour Codes as Landmark Reform
CII AP terms four labour codes as landmark reform · thehansindia.com

The Confederation of Indian Industry (CII) in Andhra Pradesh is very happy about the new labour rules that the central government has started using.

These rules combine 29 old laws into one simpler set.

This makes it easier for companies to follow the rules and helps workers by ensuring they get fair pay and better benefits.

The leaders of CII, Murali Krishna Gannamani and Narendra Kumar, think these changes will make Andhra Pradesh more attractive to investors.

They plan to help businesses adjust to the new rules through training sessions.

The new rules are expected to bring higher pay, better safety, and easier compliance for everyone.

Key facts

Organization
Confederation of Indian Industry (CII), Andhra Pradesh
Reform
Four labour codes
Effective Date
This week
Existing Labour Laws Consolidated
29
Key Provisions
Universal minimum wages, time-bound wage payments, expanded ESIC and EPFO coverage
Chairman
Murali Krishna Gannamani
Vice-Chairman
Narendra Kumar
Investment Attracted
Rs 13.25 trillion

Quotes

Murali Krishna Gannamani

Chairman of CII Andhra Pradesh

“The four labour codes mark a significant moment in India’s reform journey. By simplifying and modernising labour laws, the Government has taken a decisive step towards building a more productive, fair, and future-ready workforce. CII welcomes this progressive reform and remains committed to supporting industry and state governments in effective implementation.”
thehansindia.com
“This is exactly the kind of ecosystem investors have been seeking during our roadshows and the recently concluded CII Partnership Summit. The timing could not be better as the state moves towards the Swarnandhra Vision 2047.”
thehansindia.com

Sources

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