MUMBAI: In an attempt to improve the ease of doing business, the Maharashtra government plans to exempt new startups from inspections relating to key labour laws for a period of three years. This follows the Centre's move to relax labour law compliance for startups.
The laws include the Contract Labour (Regulation and Abolition) Act, 1970; the Building and Other Construction Worker' (Regulation of Employment and Conditions of Service) Act, 1996; the Inter-state Migrant Workmen (Regulation of Employment and Conditions of Service) Act, 1979; and the Payment of Gratuity Act, 1972. The new norms will apply to startups with an annual turnover of less than Rs 25 crore that have registered less than five years ago. Over 98,000 startups will be able to avail of the changed norms, officials say.