1. Home
  2. |  
  3. Sarkari Naukri |  

Government to Increase Fixed Term Employment in All Sectors Soon

Mar 26, 2018 17:24 IST
    Government Jobs
    Government Jobs

    Indian Job Sector will witness an upsurge in fixed term employment in recent time. The government has modified labour rules and extended the facility of recruiting workers on fixed term employment to all industries.

    Arun Jaitley, finance minister of the nation during his Budget speech this FY announced that the labour ministry has extended full-benefit, fixed term jobs to all the sectors of the economy. This will improve the ease of doing business for companies intending to hire people for completing specified projects, tasks or orders. A notice amending the relevant rules has been issued by Ministry of labour and employment under the Industrial Employment (Standing Orders) Act, 1946

    Also Read: Current Affairs


    Earlier, the fixed term contract was only applicable to apparel manufacturing sector.

    The benefit of having fixed term employment is the worker will be on a contract basis for a fixed period. The worker will avail all the services and remunerations that will be provided to regular employees under various laws. The fixed term employment worker will get benefits like same defined working hours, minimum wages, allowances, and other statutory dues. 

    Also Visit:India an Overview

    The new initiative comes with the advantage of increasing the number of formal jobs and reducing the informal hiring system. This helps in decreasing the undue burden of keep regularised contract employment, even as their labour requirements are seasonal.

    Employment News eBook

    Latest Videos

    Register to get FREE updates

      All Fields Mandatory
    • (Ex:9123456789)
    • Please Select Your Interest
    • Please specify

    • ajax-loader
    • A verifcation code has been sent to
      your mobile number

      Please enter the verification code below

    This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK

    Register to view Complete PDF