Swiggy, Zomato welcome new Labour Codes
The Indian government’s recent implementation of new Labour Codes has been met with support from quick commerce platforms such as Zomato, Swiggy, and Zepto. These companies, which rely heavily on gig workers to operate their businesses, have welcomed the reform, citing its potential to bring about a unified and future-ready social-security framework for millions of workers.
According to Swiggy, “This reform represents a landmark restructuring of India’s welfare and regulatory architecture, a transformative step toward building a future-ready social-security framework.” The company believes that the new Labour Codes will have a positive impact on the lives of millions of workers, providing them with better working conditions, social security, and benefits.
Zomato, another major player in the quick commerce space, also expressed its support for the new Labour Codes. “A unified, nationwide framework brings much-needed uniformity for gig workers,” the company said. This uniformity is expected to simplify the regulatory environment for companies like Zomato, making it easier for them to operate and comply with labour laws across different states.
The new Labour Codes, which came into effect recently, aim to overhaul India’s labour laws and provide better protection to workers. The codes consolidate 29 existing laws into four broad categories: wages, social security, industrial relations, and occupational safety. They also introduce new provisions such as a uniform definition of wages, a national floor wage, and a provision for fixed-term employment.
One of the key features of the new Labour Codes is the introduction of a social security framework for gig workers. This framework provides for benefits such as pension, health insurance, and maternity leave for gig workers, who were previously not entitled to these benefits. The framework also provides for the establishment of a national database of gig workers, which will help to track their employment and provide them with benefits.
The support of companies like Swiggy and Zomato for the new Labour Codes is significant, as it indicates that the industry is willing to work with the government to improve the working conditions and benefits of gig workers. The codes are expected to have a positive impact on the lives of millions of workers, providing them with better social security, benefits, and working conditions.
The introduction of the new Labour Codes is also expected to boost the growth of the gig economy in India. The codes provide a clear and uniform regulatory framework for companies operating in the gig economy, which is expected to attract more investment and innovation in the sector. The codes also provide for the establishment of a grievance redressal mechanism for gig workers, which will help to resolve disputes and improve the overall working conditions of workers.
In addition to Swiggy and Zomato, other companies in the quick commerce space, such as Zepto, have also welcomed the new Labour Codes. Zepto, which is a relatively new player in the market, believes that the codes will help to create a more level playing field for companies operating in the gig economy. “The new Labour Codes will help to simplify the regulatory environment and provide more clarity on the rights and responsibilities of gig workers,” the company said.
Overall, the support of companies like Swiggy, Zomato, and Zepto for the new Labour Codes is a positive development for the gig economy in India. The codes have the potential to bring about significant improvements in the working conditions and benefits of gig workers, and their implementation is expected to boost the growth of the sector.
As the gig economy continues to grow and evolve, it is likely that we will see more companies supporting the new Labour Codes and working to improve the working conditions and benefits of gig workers. The introduction of the codes is a significant step towards creating a more equitable and sustainable gig economy, and it is likely that we will see more innovations and developments in this space in the coming years.
In conclusion, the new Labour Codes are a significant development for the gig economy in India, and their implementation is expected to have a positive impact on the lives of millions of workers. The support of companies like Swiggy, Zomato, and Zepto for the codes is a positive sign, and it indicates that the industry is willing to work with the government to improve the working conditions and benefits of gig workers.
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