Shift hours to go up in Karnataka | Boost to industrial investment in karnataka

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It will be a 10-hour shift from now on.Karnatakas archaic labour laws are set to change,with the state government giving the nod to the decades-old Factories Act to extend working hours for employees from 9 to 10 hours a day,at Tuesdays cabinet meeting.
This proposed amendment will cover all industrial units engaged in any kind of manufacturing activity,bringing in the relief that corporates sought.They had been pressing the state government to bring in these changes for some time now.This (amendment) is in tune with the changing needs of the work scenario.Many representatives of companies had approached us to amend the law, sources in the labour department said.
A bill incorporating these changes will be tabled in the forthcoming budget session of the state legislature.Any industry involved in manufacturing and employing more than 10 persons comes under the Factories Act.
These proposed changes are likely to boost the governments plans to turn Karnataka into a major investment destination,and act as an incentive to prospective investors.
During the Global Investors Meet (GIM) in Bangalore in June 2010,the state received investment proposals worth Rs 4 lakh crore,with the major portion coming in from the iron and steel industry.The state government has also been actively pushing up investment options for multinationals,and has heeded their demands by enhancing manhours.
Source Times of india
 
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