FNCCI, trade unions ink pact

Himalayan News Service

Kathmandu, January 11:

Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Trade Unions have reached an understanding to make the labour law and its administration practical in a bid to improve employment situation in the country. They signed a 19-point agreement recently at the FNCCI secretariat.

According to Binod Bahadur Shrestha, president of FNCCI, both businessmen and trade union leaders have agreed on 19-point agenda to meet the targets of poverty alleviation, create sound investment climate, create more employment opportunities, provide minimum wages and social security for labour force, allow collective bargaining, stop forcing employees to work under pressure and not to discriminate employees on the basis of religion and casts. Shrestha told The Himalayan Times that in the days ahead, bonus system would be made more transparent, strengthening labour administration with effective implementation of its related laws and regulations and proper evaluation of employees’ works that ultimately would be strengthened to build employment market more sound and workable.

He said that while making laws related to minimum facilities, both trade union leaders and employers would discuss before finalisation. “Not only that, we have an understanding that both employees and employers have greater role in Nepal’s economic development for which labour force should be made more effective to enhance productivity,” he added. The memorandum also includes issues like social security system, market management, technology advancement, competition, health management and ending of gender discrimination.

The meeting has also discussed on defining the role and responsibilities of employees and employers for strong bonding between the two. Meanwhile, the second labour conference is being held from tomorrow to discuss various issues faced by labourers.