 bill no 87 of  2014 the labour force (demand and supply survey) bill, 2014 by shri rajiv pratap rudy, mp a billto provide for conducting yearly demand and supply survey of labour force across various  sectors  of economy in order to provide demand and supply estimates of employment and bridge the gap between demand and supply of labour force for effective performance of the economybe  it enacted by parliament in the sixty-fifth year of the republic of india as follows:—1  (1) this act may be called the labour force (demand and supply survey) act, 2014short title, extent and commencement(2) it extends to the whole of india(3) it shall come into force on such date, as the central government may, by notification in the official gazette, appoint2 in this act, unless the context otherwise requires,—definitions(a) "committee" means the advisory committee constituted under section 3; (b) "fund" means the labour survey fund constituted under section 5;(c) "labour force" includes workers employed or employable or seeking employment in organised or unorganised sector; and(d) "prescribed" means prescribed by rules made under this act5constitution of advisory committee3 (1) the central government shall, in consultation with the state governments, constitute an advisory committee to conduct yearly survey of demand and supply of labour force(2) the committee shall consist of a chairperson and such number of members including experts, as may be prescribed, to be appointed by the central government10(3) the salary and allowances payable to, and other conditions of service of the chairperson and members of the committee, shall be such as may be prescribed(4) the committee shall have its headquarters at delhi and may establish its regional office in every district(5) the central government shall provide such number of officers and staff, as may be necessary for the efficient functioning of the committee154 the committee shall—functions of the committee(i) collect and maintain yearly information on demand and supply of labourforce through survey across various sectors of economy;20(ii) maintain a consolidated report of demand and supply mismatch by dividing the working-age group population into three mutually exclusively categories, namely, demand, supply and requirement;(iii) in consultation with the state governments, conduct demographic analysis of labour market and suggest measures to bridge the gap between demand and supply of labour force mismatch in different sectors of economy;(iv) submit periodical reports, in such form and manner, as may be specified by the central government; and25(v) carry out such other tasks as may be assigned by the central government for the purposes of this act 5 (1) the central government shall constitute a fund to be known as the labour survey fundconstitution of labour survey fund30(2) the fund shall be administered by the chairperson of the committee (3) the fund shall be utilized by the chairperson of the committee to meet the expenditure in connection with any work relating to yearly surveys under this act356 the central government shall, after due appropriation made by parliament by law in this behalf, provide such sums to the labour survey fund as may be necessary for carrying out the purposes of this actcentral government to provide funds power to make to rules7 (1) the central  government may, by  notification in official gazette, make rules forcarrying out the purposes of this act40(2) every rule made under this act shall be laid, as soon as may be after it is made, before each house of parliament or, as the case may be, each house of the state legislature, while it is in session, for a total period of thirty days which may be comprised in one session or two or more successive sessions, and if, before the expiry of the session immediately following the session or the successive sessions aforesaid, parliament or, as the case may be, the state legislature agrees in making any modification in the rule or agrees that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule statement of objects and reasonsdue to globalization and technological progress, there has been a considerable growth in demand for labour with higher skills whereas the supply has not grown correspondinglytherefore, projections on demand and supply of labour force require conducting of a detailed survey from time to time to identify emerging trend of demand and supply in labour marketthe demand and supply of labour force study also helps to know about how jobs are changing and what knowledge, skills, educational qualifications and competence are required to be developed to meet the need of labour marketthere is also a need to have a clearer idea of how supply and demand of  labour force can match this information is crucial to understand if there is  a mismatch between  skills possessed by workers and skills required by the employerstherefore, it is proposed to conduct a yearly survey on demand and supply of labour force in order to match the dynamics of the labour markethence this billnew delhi;rajiv pratap rudyjune 30, 2014 financial  memorandumclause 3 of the bill provides for constitution of an advisory committee to conduct yearly survey on demand and supply of labour force in various sectors clause 5 provides for constitution of a labour survey fund to meet expenditure in connection with any work relating to yearly surveys clause 6 provides for supply of funds to the labour survey fund by the central government the bill, therefore, if enacted, will involve expenditure from the consolidated fund of india it is estimated that an annual recurring expenditure of about one hundred crore is likely to be incurred from the consolidated fund of indiaa non-recurring expenditure of about rupees five hundred crore is also likely to be incurred memorandum  regarding  delegated  legislationclause 7 of the bill empowers the central government to make rules for carrying out the purpose of the bill as the rules will relate to matters of detail only, the delegation of legislative powers is of a normal character———— a billto provide for conducting yearly demand and supply survey of labour force across various sectors of economy in order to provide demand and supply estimates of employment and bridge the gap between demand and supply of labour force for effective performance of the economy————(shri rajiv pratap rudy, mp)