relevant acts related to social security and working conditions

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Relevant acts for the establishment: Labour policy in India has been evolving in response to specific needs of the situation to suit requirements of planned economic development and social justice and has two-fold objectives, viz., maintaining industrial peace and promoting the welfare of labour. y Factories act 1948 y Employee state insurance act 1948 y Employees provident fund and miscellaneous act 1952 y West Bengal shop and establishment act 1963 y Payment of gratuity act 1972 y Payment of wages act 1936 Labour Policy Highlights  Creative measures to attract public and private investment.  Creating new jobs  New Social security schemes for workers in the unorganised sector.  Social security cards for workers.  Unified and beneficial management of funds of Welfare Boards.  Reprioritization of allocation of funds to benefit vulnerable workers.  Model employee-employer relationships.  Long term settlements based on productivity.  Vital industries and establishments declared as `public utilities`.  Special conciliation mechanism for projects with investments of Rs.150 crores or more.  Industrial Relations committees in more sectors.  Labour Law reforms in tune with the times. Empowered body of experts to suggest required changes.

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