The labour law Acts as a tool to promote worker empowerment as well as worker protection. Labour law aims to correct the imbalance of power between the worker and the employer.
Importance of labour law :
1. Improve industrial relation employee - employer relations and minimizes industrial disputes.
2. Protects workers from exploitation by the employers or management.
3. Helps workers in getting fair wages.
4. Minimizes labour unrest.
5. Reduces conflicts and strickes etc.
6. Ensures job security for workers.
7. Promotes favourable environment conditions in the industrial system.
8. Fixes rest pauses and work hours etc.
9. Provide compensation to workers, who are victims of accidents.
It makes provision for safety, health, hygiene of the workers and special provision for women and juvenila worker. It also prohibites child labour. It limits work of a child in factories, including the seasonal ones. For extra work by a worker beyond normal hours payment is to be made at double the ordinary wage.