The law-making for the autumn session of the State Duma is developed in summer

Deputies of the State Duma in the course of upcoming session may adopt amendments to the Labor Code. If the new legislative regulations approved the parliamentary body empower Russians in the case of wage arrears more than 15 days to suspend work. In accordance with the received in the lower house of the Russian State Duma law-in-draft the employer during the downtime will be required to pay wages to employees, counting it on the basis of average earnings over the previous period. Deputy Chairman of the State Duma Committee on Constitutional Legislation and State Construction Vadim Solovyov told about it to "The Parliamentary Newspaper".

Reference. At present, the Article 142 of the Labour Code of Russia prescribes: in case of delayed payment of wages for a period 15 days exceeding, the employee has the right to notify the employer in writing, to suspend work for the entire period prior to payment of the delayed amount. Until such time as the employer will give him a salary, the employee is entitled to be out of the office. However, the employer's obligation to make the payment of wages for the period of the current version of Article 142 of the Labour Code is not available.

The first Deputy Chairman of the State Duma Committee on Industry Vladimir Gutenev proposes to introduce concessional lending to the real economy.

Russian legislator offers the Central Bank to pay particular attention to supporting the industry, providing access to the real sector loans at a reduced rate of 2.5-4%.

Earlier, the Member of Parliament has appealed to the head of the Russian Central Bank with a proposal to quickly reduce the key rate, expressing concerns about the declining competitiveness of domestic producers and the difficulties associated with the implementation of the import substitution program.

Reference. The Central Bank sharply increased crediting rate to 17% in December 2014. Then it was reduced in January 2015 to 15%, in March - to 14% in May - to 12.5% ​​in June - 11.5%. The meeting of the Board of Directors of the Bank of Russia, which is planned to consider the level of the key rate, is scheduled for July 31.