The Karnataka Labour Welfare Fund Act, 1965 provides for the constitution of Karnataka Labour Welfare Fund for the financing of activities to promote welfare of labour in the State of Karnataka. It is applicable to all establishments, except establishments of the Central or State Governments. The Act mandates employer’s contribution, as also contribution in respect of every employee, whose name appears on the rolls of establishment
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The Employees’ State Insurance Act, 1948 (‘the ESI Act’) is the first of its kind in India which introduced compulsory insurance of a specified class of wage earners against certain inevitable risks. The Act is a welfare measure meant to provide certain benefits to the employees in certain cases of sickness, maternity and employment injury.
Introduction of Fixed Term Employment under the Karnataka Industrial Employment (Standing Orders) Rules, 1961
The policy of economic liberalization, privatization and globalization introduced by the Government of India in the early nineties led to intensification of competition from several multinational companies. Domestic players were compelled to innovate and create a market for themselves in the global world. This required companies to adapt to dynamic nature of the market and