Private Companies Could Be Required to Report Job Vacancies to the Government

Private companies typically use platforms like LinkedIn and Naukri.com to advertise job openings for recruitment. However, they may soon be required to report details of vacancies across all departments and divisions to the government.

The central government is planning to replace the Employment Exchanges (Compulsory Notification of Vacancies) Act, 1959, with a new Social Security Act. The objective is to establish a formal mechanism for disseminating information about job vacancies.

Maharashtra Government Proposes Stricter Employment Regulations

The government is taking steps to reform employment regulations, aiming to enforce stricter compliance. A key focus of this initiative is the mandate for companies to report job vacancies to the government. To ensure adherence, the government is contemplating a significant increase in penalties for non-compliance, potentially raising the fine from Rs 100 to Rs 50,000. This measure underscores the government’s commitment to closely monitor and regulate employment practices.

According to a Times of India report, Maharashtra’s Skill Development, Employment and Entrepreneurship Minister Mangal Prabhat Lodha said in a press conference in Mumbai on Monday, “We have employment exchanges, which have become inactive. Under the new law, we will revive and strengthen them, ensuring companies report vacancies to the state.”

He also said that companies have been avoiding reporting vacancies due to minor penalties, which is now planned to change.

Maharashtra Government to Launch Job Portal to Simplify Employment Access

The Maharashtra government is launching an initiative to simplify job hunting across the state. As part of its 100-day action plan, it plans to introduce a dedicated job portal. This platform will act as a centralized hub for companies to post job openings, easing compliance processes.

While many businesses currently rely on platforms like LinkedIn, the government’s portal aims to improve transparency and access to job opportunities. However, the effectiveness of this initiative will depend on how well companies adopt and utilize the platform.