Factory License
Factory License is for the benefit of all employees working at such places. It gives safety to them. It provides all the legal benefits provided by the Government to the factory owner depending on the scheme they have chosen. Salary, health, safety, number of working hours, and workers’ work conditions are looked upon, especially of the women workers. Even the leave, hiring, and firing of workers are also taken care of under a factory license. It ensures that every employee gets equal treatment, gives them beneficial rights and enhances their productivity. It makes sure that no one is underpaid or exploited by their employers.
It is mandatory to obtain a factory license as it makes sure that the owners and their employees take care of all the issues very well.
Factory License Renewal
If the license gets expires, its renewal is a mandatory requirement. As per the RTS notification, the factory license renewal takes a maximum of 60 days. Such renewal is also done through the online portal. The factory license renewal can be done for one year, five years or ten years.
An application of renewal should be made to the directorate 30 days before the due date of the expiry of said license. In case the application for factory license renewal is not submitted on time, a late fee with the rate of 25% of the requisite fee.