B Com Exam  >  B Com Videos  >  Industrial Laws  >  Importance - Indian Factory Act(1948), Industrial Laws

Importance - Indian Factory Act(1948), Industrial Laws Video Lecture | Industrial Laws - B Com

54 videos|46 docs|18 tests

FAQs on Importance - Indian Factory Act(1948), Industrial Laws Video Lecture - Industrial Laws - B Com

1. What is the Indian Factory Act of 1948?
Ans. The Indian Factory Act of 1948 is a legislation enacted by the Indian government to regulate the working conditions in factories across the country. It aims to ensure the health, safety, and welfare of workers, as well as to prevent exploitation and abuse in the industrial sector.
2. What are the key provisions of the Indian Factory Act?
Ans. The Indian Factory Act of 1948 includes several important provisions such as the regulation of working hours, employment of women and children, safety measures, welfare facilities, and leave entitlements for workers. It also covers aspects like overtime, annual leave, and penalties for non-compliance.
3. How does the Indian Factory Act protect the rights of workers?
Ans. The Indian Factory Act protects the rights of workers by setting certain standards and guidelines for employers to follow. These include provisions for a safe working environment, reasonable working hours, adequate breaks, and the prohibition of child labor. The act also ensures that workers are entitled to fair wages, leave benefits, and other welfare facilities.
4. What are the penalties for non-compliance with the Indian Factory Act?
Ans. Non-compliance with the Indian Factory Act can result in penalties and legal consequences for employers. The act provides for fines and imprisonment depending on the severity of the violation. Repeat offenses or serious breaches of the act can lead to the cancellation of factory licenses and closure of the establishment.
5. How does the Indian Factory Act contribute to industrial development in India?
Ans. The Indian Factory Act plays a crucial role in promoting industrial development by ensuring a safe and healthy working environment for workers. By protecting the rights of workers and regulating the operations of factories, the act helps in fostering a conducive atmosphere for industrial growth. It also helps in attracting investment and improving the overall productivity and efficiency of the industrial sector.
54 videos|46 docs|18 tests
Explore Courses for B Com exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev
Related Searches

Objective type Questions

,

Viva Questions

,

practice quizzes

,

Sample Paper

,

Industrial Laws Video Lecture | Industrial Laws - B Com

,

ppt

,

shortcuts and tricks

,

video lectures

,

study material

,

past year papers

,

pdf

,

Previous Year Questions with Solutions

,

Extra Questions

,

Importance - Indian Factory Act(1948)

,

Free

,

Industrial Laws Video Lecture | Industrial Laws - B Com

,

Exam

,

MCQs

,

Importance - Indian Factory Act(1948)

,

Important questions

,

Summary

,

mock tests for examination

,

Semester Notes

,

Industrial Laws Video Lecture | Industrial Laws - B Com

,

Importance - Indian Factory Act(1948)

;