Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
2009-11-05

SMEs seek simpler labour laws

Representatives of micro, small and medium enterprises (MSMEs) want simpler labour laws, exclusively for the sector. According to them, it is not possible for small firms with minimal resources to com

Representatives of micro, small and medium enterprises (MSMEs) want simpler labour laws, exclusively for the sector. According to them, it is not possible for small firms with minimal resources to comply with multiple laws.

 

There are 44 Central Acts governing labour. Under the law, SMEs have to implement at least 15 of them, including those covering social security, minimum wages and payment of gratuity and bonus. Industry representatives say, most small units are one-man operations and they lack the infrastructure to implement labour laws.

 

An expert group comprising government and industry officials set up by the Prime Minister’s Office (PMO) is looking at ways to streamline labour laws.

Related opportunities
  • Others Vocational Training
    About Times and TrendsTimes and Trends Academy, Pune – The..
    Locations looking for expansion New Delhi
    Establishment year 2012
    Franchising Launch Date 2016
    Investment size Rs. 30lac - 50lac
    Space required 2500 - 7500 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
  • Ice creams & Yogurt Parlors
    About Ice Cream WorksIce Cream Works by Ice Cream Centre,..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2015
    Investment size Rs. 10lac - 20lac
    Space required 50 - 250 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • About: Founded under the guidance of Sri Sri Ravishankar Ji, a..
    Locations looking for expansion New Delhi
    Establishment year 2003
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater South Delhi New Delhi
  • Thai way Spa founded by Mr. Nishant Singhal and Geetika..
    Locations looking for expansion New Delhi
    Establishment year 2007
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities