REGISTERED No. D. 221
The Gazette of India
EXTRAORDINARY
PART I—Section 1
PUBLISHED BY AUTHORITY
No. 93] NEW DELHI, FRIDAY, APRIL 28, 1972/VAISAKHA 8,1894
Separate paging is given to this part in order that it may be filed as a separate compilation.
MINISTRY OF LABOUR AND REHABILITATION
(Department of Labour and Employment)
RESOLUTION
New Delhl, the 28th April 1972
No. U-23018/I/72-WB.—The Government of India have decided to constitute a Committee to review the operation of the Payment of Bonus Act, 1965. The composition and terms of reference of the Committee will be as follows:—
I. Composition
Chairman
Dr. B. K. Madan.
Members
1. Shri N. S. Bhat. 2. Shri Harish Mahindra. 3. Shri R. P. Bilimoria.
( 6 8 3)
684 T HE GAZETTE OF INDIA EXTRAORDINARY [PART I—SEC 1J4. Shri G. Ramanujarn. 5. Shri Satish Loomba. 6. Shri Maheah Desat. 7. Dr. S. D. Punekar.
A Member Secretary will be appointed by Government,
II. Terms of reference
To review the operation of the Payment of Bonus Act, 1965, and to suggest suitable modifications to the scheme outlined therein and, in particular, to make recommendations on the following issues:—
(i) Whether establishments (other than factories) employing less than 20 workers, may be covered by the Act and If so, upto what limit of employment? Should there be a separate formula for payment of bonus in these small establishments?
(ii) Is there a case for raising the minimum .bonus (4 per cent) and if so, to what level?
(lii) Whether the present upper limit on payment of bonus and the system of 'set-on' and 'set-ofT require any alteration and if so, on what lines? (Iv) Whether the entire bonus payment should be related in some way to production/productivity in the undertaking?,
(v) Whether the present minimum bonus of 4 per cent may continue but a provision be made for its being supplemented thrnugh suitable schemes of production/productiylty?
(vi) To consider and make recommendations on any1 connected/ancillary matters?
The Committee shall also make a careful assessment of the likely impact of its recommendations on the national economy before finalising them.
2 The Committee will be known aa the BONUS REVIEW COMMITTEE and its headquarters will be located at Bombay. Correspondence intended for the Com- mittee will be addressed for the present to the Chairman, Bonus Review Com- mittee C/o the Department of Industries & Labour, Government of Maharashtra, Sachivalaya, Bombay.
ORDER
(i) All State Governments and Union Territories. (ii) All Ministries of the Government of India and Planning Commission, (iii) All India Organisation of Employers and Workers.
Ordered also that the Resolution bo published in the Gazette of India Extra- ordinary for general information.
N. P. DUBE, Jt. Secy.
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