Government to bring out strategy to boost industrial growth

The authorities are in the process of bringing out a strategy paper on boosting industrial boom which will be a road map for all companies in the nation, Parliament was informed on Wednesday.

In a written reply to the Lok Sabha, Commerce and Industry Minister Piyush Goyal stated the government is in the technique of rationalising the existing critical labour laws into four labour codes on wages; business members of the family; occupational safety, health and running situations; and social protection via simplifying, amalgamating and rationalising the applicable provisions of the prevailing important labour laws.

The Code on Wages has been permitted and notified, he brought.

“The government is inside the procedure of bringing out a strategy paper on boosting industrial growth with the intention to be a street map for all organizations within the nation,” he stated.