This document provides an overview of the Contract Labour (Regulation and Abolition) Act of 1970. The objectives of the act are to regulate contract labor and provide for its abolition under certain circumstances. It applies to establishments with 20 or more contract workers and aims to abolish contract labor where possible. The benefits of contract labor include speedy completion of work, lower costs and liability, and no need for permanent retention. Key sections outline requirements for licensing of contractors, facilities that must be provided to contract workers, and responsibilities of the principal employer.