A day-long conclave on ‘Transformation of Employment and Social Security Laws’ was held by Employers’ Federation of Southern India - Andhra Pradesh and Telangana States Branch (EFSI-AP and TS) in association with Sri City, on the latter’s premises here on Friday.
AP Director of Factories G. Balakishore, who presided over as the chief guest along with Sri City Foundation president Ramesh Subramaniam, maintained that the government with the aim to reduce compliance hassles for companies was putting in efforts to consolidate all labour laws into four broad labour codes.
“The statutory compliance, concern towards employees' well-being and welfare, besides fair and transparent management practices, will alone help achieve the desired objectives of the labour legislation,” the Director of Factories added.
He appealed to the HR managers to develop a human touch while dealing with workers.
Three sessions
Sri City Founder Managing Director Ravindra Sannareddy opined that such a move would certainly remove bottlenecks created by the overlapping labour laws and create a conducive atmosphere for business growth.
The conference was conducted in three sessions encompassing – Factories Act, Employees Provident Fund and Employees State Insurance, Amendments in Labour Laws, Employee-Employer Relations, Personal Taxation and others.
About 100 delegates attended the conference.
EFSI-Andhra Pradesh and Telangana Branch vice-chairman B. Jaikrishna, Regional Provident Fund Commissioner (Kadapa) Balakrishna Naik, ESI Regional Director (Vijayawada) Priyaranjan Dash and others took part in the event.