CABINET OKAYS AMENDENTS TO INTER-STATE MIGRANT WORKERS RULES TO AVAIL ADDITIONAL CENTRAL BORROWING
Chandigarh, (Aditi) : In a bid to improve ease of doing business in the state and fulfil the a condition imposed by Central Government for obtaining additional borrowing of 2% of GSDP, the Punjab Cabinet on Wednesday gave approval for amending Rule 14 and insertion of new Rule 53A in the Inter-State Migrant Workers (Regulation of Employment & Condition of Service) Punjab Rules, 1983.
Acceding to the demands raised by the industrialists at various platforms, the Cabinet, led by Chief Minister Captain Amarinder Singh, decided to insert Rule 53A in the Inter-State Migrant Workers (Regulation of Employment & Condition of Service) Punjab Rules, 1983, to allow maintaining different prescribed registers in electronic/digital format to reduce the compliance burden of the industries.
This investor-friendly initiative would encourage the digitalisation of records besides helping to maintain transparency and easy access to records, thereby not only complying with the requirements of Government of India but also attracting huge investments through ensuring conducive environment in the state.
Notably, instructions relating to additional borrowing of 2% of GSDP were received from Ministry of Finance (Department of Expenditure), GoI, on May 17, 2020 in which certain conditions were imposed for obtaining additional 2% borrowing. One of the conditions was to have automatic renewals under the Labour Laws. At present, there is no provision of auto renewal of license under the Inter-State Migrant Workers (Regulation of Employment & Condition of Service) Punja