Thread by @BaluSreevidya

A few years ago, I heard a 27 year old young father and husband dying of heart-attack due to stress from work.

One of the key reforms I have recommended in the organised corporate sector is the Health and Wellbeing of employees.

~ 1/6

https://twitter.com/vedvyazz/status/1336135354890428418

Workload setting, workflow setting, targets and KPIs should all be comparable to developed countries.

Indian private sector employee does 5 times the work of their corresponding employee in a developed market.

Yet while immigrating, India is not a 'comparable labour market'

Workload, flexibility of work hours, 5 days a week instead of 6 or 5.5 days, no 24 hour access to employees over mobile phones, 8 hour workday or shifts - there is so much to regulate.

It's a slog scenario in stark contrast with public sector where employees are protected.

On top of all this, when they retire stressed and tired, there are no savings because of the lifestyle and fringe expenses.

This must stop. I have forever asked young people to start saving from their very first salary towards retirement.

But not many do this.

This corporate sector, mainly tertiary hardly moved its 13% contribution to GDP since the early 90's.

So, regulating the corporates can't bring about much change in GDP or productivity, especially in the tertiary sector.

The current labour reforms address a different target group.

I am worried about the large number of employees of IT, Insurance, Banking sectors.

Please regulate the working conditions of employees in the tertiary sector.

@LabourMinistry @santoshgangwar
@PiyushGoyal