isf- national conclave- mumbai

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Press release for immediate dissemination:

A concerted and time-bound effort in reforming archaic

labour laws mooted

The Indian Staffing Federation organized a National Conclave

Emphasizing the urgency for Labour Market Reforms

New Delhi, February 11, 2013: Indian Staffing Federation (ISF), the apex

body of Staffing Companies in India, today organized a National Conclave on

Labour Market Reforms: Cornerstone for inclusive growth in Employment and

Social Cohesion in Mumbai. The Conclave was well attended by senior members of

the government and bureaucracy, industry and academia. Principal Secretary

Labour, Jt. Commissioner Labour, Jt. Commissioner PF, Jt.Director ESIC were

amongst people from Industry and Academia who graced the occasion.

Workers strikes and unfortunate incidents of the recent past have brought about

unrest in the Indian industry, along with huge economic impacts. Many sectors such

as banking and financial services, oil, coal and power have been affected. This

scenario calls for an urgent need of labour market reforms as Indias current

restrictive labour law, systems and policies are not conducive for the organised

labour market. Also playing spoilsport in the casual labour market are inadequate

implementation of legislation on minimum wages and other social security benefits

like PF and ESIC. As a result, the inflexible nature of labour markets has led to

greater informalisation of the workforce, whereas relatively flexible labour laws in

China have given rise to higher productivity amongst its workforce there.

Honorable Union Minister for Labour and Employment Shri Mallikarjun Kharge

speaking at a seminar recently in a leading educational institution, said that the

failure to evolve a tripartite consensus has thwarted the Governments efforts to

cut red tape in labour laws.


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Since its inception in 2011, Indian Staffing Federation is striving to

facilitate a suitable, legal and regulatory environment that is positive and conducive

to industry. As a part of its mission, the national conclave was organised in the city.

Mr. K Pandia Rajan, President, Indian Staffing Federation, said, While

economic growth is very important for a country like ours, in order to fully reap the

benefits, it is necessary for a more inclusive growth with better macroeconomic

policy and implementation of labour market reforms. These reforms will support

reduction in the division between the formal and informal employment. He further

added; ISFs recent research report titled Turning available work into jobs

showcases that India which is currently at a flexi worker base of 1.3 million, is

among the top five nations and is projected to grow to 9 million by 2025.

Ms Rachna Saksena, Chairperson West and Member Executive Board- ISF

stated, As our countrys economy continues to grow, the focus should definitely be

on improving the quality of the work force and developing skilled workers, besides

adopting IT solutions to integrate the workforce and streamline the regulatory

environment. She added; If companies have to retain their competitiveness

within the country and thrive in the dynamic global market, labour reforms are a

must. It is very evident from the pattern across Indian states, that regions that have

been flexible and adaptable to the changing economic scenario have benefited

more and progressed faster in terms of resultant growth."

About Indian Staffing Federation:

Indian Staffing Federation (ISF) was set up by leading staffing companies inIndia with one common goal - Staffing India's Growth. Staffing - anestablished form of outsourcing globally - is yet to be recognised andadopted as an effective means of running a business in India. The flexistaffing industry provides a platform for recognised employment, workchoice, even compensation, annual benefits and health benefits for the flexiworkforce that constitutes a sizeable segment of Indias total workforce. Thepurpose of ISF is to enhance long-term growth of the staffing industry and toensure its continued ability to make positive contributions to the economyand society. The principal focus of the Federation's activities shall be tostrengthen triangular employment relationships, in which the staffingcompany is the employer of the flexi worker, who works under thesupervision of the user company.


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