New Delhi, Aug 10 (IANS) On a day the Lok Sabha passed The Factories (Amendment) Bill, 2016, that seeks to enhance the working overtime hours up to 100 per quarter, the Union Cabinet too gave ex post facto approval to the amendments.
The Cabinet, chaired by Prime Minister Narendra Modi, gave its ex post facto approval for amendments in Sections 64 and 65 and consequential amendment of Section 115 of the Factories Act, 1948, by introducing the Factories (Amendment) Bill, 2016 in the Parliament, said an official statement.
“The approved amendments will give boost to the manufacturing sector and facilitate ease of doing business with an aim to enhance employment opportunities.
“These amendments relate to increase in overtime hours from the existing 50 hours per quarter to 100 hours (Section 64) and existing 75 hours per quarter to 125 hours (Section 65),” it added.
The new bill will give a boost to “job creation in manufacturing sector”, the Labour Ministry said adding this can also facilitate ease of doing business.