SENSEX
NIFTY
GOLD
USD/INR

Weather

image 28    C

Economy News

The Economic Times

Economy / The Economic Times

details

Finance Ministry cracks down on contractor wage delays with new procurement rules

Government contracts now require adherence to labour laws. Firms failing to pay wages or deposit social security contributions face debarment for up to three years. This move aims to protect outsourced and contractual workers. Ministries and departments will verify contractor compliance monthly.

10 May 2026 12:31 am