Question
Which of the following is true regarding the Tamil Nadu
assembly's recent passing of the Bill seeking amendment in the Factories Act, 1948 , extending daily working hours from 8 to 12 hours? I. The revised 12- hour daily work schedule will be mandatory for all factories and companies in Tamil Nadu. II. The revised 12- hour daily work schedule will be applicable only to certain factories and companies in Tamil Nadu where workers prefer it. III. The passing of this Bill will lead to a reduction in the number of weekly holidays and additional wages in Tamil Nadu.Solution
· The Tamil Nadu assembly passed a Bill seeking amendment in the Factories Act, 1948, extending the daily working hours from 8 to 12 hours. · The revised 12 daily work hours is not given to all companies and factories, but will be brought into effect “only at places where workers prefer it.” · The Bill will not have any impact on the current 48 hours work-week, and that there will be no changes in terms of weekly holidays and additional wages. About Tamil Nadu Capital: Chennai Chief minister: M. K. Stalin Governor: R. N. Ravi
Sales = ₹200 lakhs, Variable cost = ₹120 lakhs, Fixed cost = ₹30 lakhs
Interest = ₹10 lakhs
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