The other sectors that have benefitted include the broadcasting, pharmaceuticals, civil aviation, single brand retail among others.
Deadlines for these actions range from three months to up to three years for different key actions and there is clear indication that Modi does not want any slippage.
Niti Aayog has identified 32 loss-making companies for strategic disinvestment, including central public sector enterprises such as Bharat Pumps & Compressors.
"A licensing regime, on the other hand, will do away with contractors who deprive their staff of all kinds of social security benefits." Chakraborty added.
Despite stiff resistance from trade unions which has forced government to go slow on labour reforms, labour minister Bandaru Dattatreya on Tuesday said his government is going in the right direction.
The rehabilitation cost per labour under the scheme is equally borne between the Centre and state. It was last revised in 1999.
Cleared by PM Modi earlier this week, the new blueprint will be implemented after the last of the 5-year plans, the 12th (2012-17) ends next year.
The model act, once adopted by states, will overrule any other existing act and would be effective from the date of notification by the respective state.
The comments come at a time when the Narendra Modi-led government is preparing a clean cooking strategy for the country.
Skills development minister Rajiv Pratap Rudy on Monday urged industry to partner with the government to achieve the robust target of imparting skills.
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