Self-certification to be adopted for start-ups
Thiruvananthapuram: The state government has decided to implement the Centre's self-certification provision for start-ups, which would offer more ease for initiating business to start-ups.
Under the scheme, start-ups could opt for self-certification under various mandatory central laws.
Kerala seems to be a late runner to join the scheme as 26 states already initiated the self-certification provision launched by the Centre in 2016, industry sources said.
As per the scheme, start-ups need to provide only self-certification on compliance of various central labour laws for the first five years of op eration. This would help start -ups save considerable time and cost during their budding stages.
The Building and Other Construction Workers' (Regulation of Employment and Conditions of Service) Act, Th e Inter-State Migrant Workmen (Regulation of Employment and Conditions of Service) Act, The Payment of Gratuity Act, The Contract Labour (Regulation and Abolition) Act, The Employees' Provident Funds and Miscellane ous Provisions Act, and The Employees' State Insurance Act are the laws in which the startups need to give self certification. Startups that are registered on the centre's Shram Suvidha Portal (shramsuvidha .gov.in) would be elegible for the self-declaration.
IT Secretary M Sivasan kar has issued orders the other day including the self-declaration provision of the centre in the sate's IT policy. The Kerala Startup Mission had earlier proposed to the government to implement the provision in the state.
According to the information available on the Shram Suvidha portal, 26 states including the neighbouring Tamil Nadu and Karnataka have already implemented it.