Business Environment and Law-Factories Act, 1948
Summary of Factories Act, 1948
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The Factories Act, 1948 was passed with an intention of making the work life of persons employed in factories free from hazards and injuries.
Summary
The Factories Act, 1948 was passed with an intention of making the work life of persons employed in factories free from hazards and injuries. The protection is afforded to all workers – men, women, and children. Women and children are given special protection, as they are considered more vulnerable. As the employer prepares the environment, the law seeks to regulate the same in the interests of the workmen. The law provides for scrutiny of the place and approval of plans and specifications before they are registered under the Act for the purpose of ensuring health, safety and welfare of the workers.
Appropriate standards are also
prescribed. Working hours of adults are made subject to regulations. Employment
of children below the age of 14 is prohibited. The law regulates the employment
of minors who are permitted to work. Law provides for the entitlement of annual
leave with wages. Special provisions are also envisaged to meet certain eventualities.
Labour reforms in India, in the context of globalization is much desired, but also feared and misinterpreted. This issue has been a sensitive one ever since the liberalization era begins under the Narasima Rao Government in the early 1990. In the hurry to reform and to keep up with the globalization trend set in motion by the GATT (now replaced by the WTO), the immediate forms was on the retrenchment of surplus workers’ and the closure of ‘SICK’ Public and Private Sector units. The TATA’s were the pioneers in introducing a number of ‘Firsts’ in the field of labour welfare. Well ahead of any Indian legislation on this front, several benefits – the eight hour working day, free medical aid, provident fund, gratuity, leave with pay, maternity benefits were incorporated by the TATA’s in their work place climate.
The Factories Act, 1948 was passed with an intention of making the work life of persons employed in factories free from hazards and injuries. The protection is afforded to all workers – men, women, and children. Women and children are given special protection, as they are considered more vulnerable. As the employer prepares the environment, the law seeks to regulate the same in the interests of the workmen. The law provides for scrutiny of the place and approval of plans and specifications before they are registered under the Act for the purpose of ensuring health, safety and welfare of the workers.
Labour reforms in India, in the context of globalization is much desired, but also feared and misinterpreted. This issue has been a sensitive one ever since the liberalization era begins under the Narasima Rao Government in the early 1990. In the hurry to reform and to keep up with the globalization trend set in motion by the GATT (now replaced by the WTO), the immediate forms was on the retrenchment of surplus workers’ and the closure of ‘SICK’ Public and Private Sector units. The TATA’s were the pioneers in introducing a number of ‘Firsts’ in the field of labour welfare. Well ahead of any Indian legislation on this front, several benefits – the eight hour working day, free medical aid, provident fund, gratuity, leave with pay, maternity benefits were incorporated by the TATA’s in their work place climate.
Tags : Business Environment and Law-Factories Act, 1948
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