In order to regulate private placement agencies which are engaged in the business of placement activities for job seekers, Maharashtra government presented a bill on Monday.
New Bill Proposed To Regulate Private Job Placement Agencies
The is aimed to achieve transparency, safeguarding the interests of the job seekers and protect them from exploitation and fraudulent practices.
The proposed bill holds a great significance as it prohibits the private placement agencies from conducting placement activity without a valid registration certificate.
Further, it also provides for the cancellation or suspension of registration certificate on the grounds of misrepresentation or suppression of material facts and violation of provisions of the law.
They have named this Act as the Maharashtra Private Placement Agencies (Regulation) Act, 2025.
While tabling this bill, they have considered the enhanced participation of private placement agencies in the placement of job seekers
This is applicable especially to the private agencies which have long complemented the traditional employment market.
These agencies are also considered as a catalyst for new forms of Human Resource management services which can be contributors to better job opportunity conditions.
Panishment In Absence Of Valid Registration Certificate
Moving ahead, this bill aims to provide for appeals against the order of the Registering Authority, provide for the State Controlling and Monitoring Authority to monitor and supervise the implementation of the provisions of the law and provide for facilitation by local offices to private placement agencies for identification and mobilisation of job seekers.
The proposed bill also talks about punishment for carrying out placement activities by private placement agencies without a valid registration certificate.
This bill proposes the organisation of job fairs, career guidance, counselling workshops and seminars jointly with registered private placement agencies to facilitate placement.
This would bring better collaboration and synergy between government agencies, job seekers and job providers.
It would definitely help in matching of skills and providing employment both for domestic and overseas markets.
If the violation of the regulation of placement activities as per section 3 happens then this proposes imprisonment for a term which may extend to three years and with a fine which may extend to Rs 1 lakh.
In case of non-compliance, the violators will be punished with a fine which shall not be less than Rs 50,000 but which may extend to Rs 3 lakh.
For instance this happens with the private placement companies, in case the offence is committed with the consent or connivance or due to neglect of any director, manager, secretary or other officers then they would be deemed to be guilty and shall be liable to be prosecuted and punished accordingly.
