ABLE, in collaboration with Bizprout Expert Systems Pvt. Ltd., hosted a webinar to help industry leaders understand the implications of India’s newly implemented labour codes. The session brought together HR leaders, founders, and compliance professionals from the biotech and life sciences ecosystem to discuss regulatory readiness and workforce governance.

Dr. P M Murali, President - ABLE Council of Presidents & CMD - Jananom opened the session by setting the broader policy context, highlighting the Government of India’s efforts to simplify and modernize labour regulations by consolidating 29 fragmented labour laws into four comprehensive labour codes. He emphasized that these reforms aim to balance worker protection with ease of doing business while addressing emerging workforce models such as gig and platform workers.

Mr. Raghunandan HV, Co-Founder & Chief Marketing Officer, Bizprout Expert Systems introduced the objectives of the webinar, noting that the new labour codes significantly impact sectors like biotechnology that operate with diverse employment structures, multi-state operations, and stringent regulatory oversight. He emphasized the growing importance of digital compliance systems and proactive HR readiness.

Mr. Suresh RK, Co-Founder, Director & Chief Compliance Officer, Bizprout Expert Systems delivered the main presentation, explaining the structure and implementation timeline of the four labour codes: Code on Wages, Industrial Relations Code, Social Security Code, and Occupational Safety, Health and Working Conditions Code. He highlighted key changes including the standardized wage definition (50% basic wage rule), expanded social security coverage, simplified compliance through digital systems, and new workplace safety and welfare provisions. He also outlined the operational and financial implications for employers, including payroll restructuring, increased compliance obligations, and new HR action plans required for implementation.

Overall, the webinar provided valuable guidance for biotech and life sciences organizations to prepare for India’s evolving labour regulatory framework while ensuring compliance and workforce sustainability. Participants discussed practical concerns such as wage restructuring, consultant classification, state versus central rules, and compliance timelines.

Click here to watch the recording: https://youtu.be/9ymsMzbs-jY