The Four Labour Codes in India: A Comprehensive Summary
The Four Labour Codes in India: A Comprehensive Summary Introduction The Government of India introduced four Labour Codes to simplify and modernize the country's labour laws. These codes consolidate 29 central labour legislations into four comprehensive codes with the objective of improving ease of doing business, ensuring transparency, and strengthening social security for workers. The four Labour Codes are: Code on Wages, 2019 Industrial Relations Code, 2020 Code on Social Security, 2020 Occupational Safety, Health and Working Conditions Code, 2020 These reforms aim to create a balanced framework that protects employees while providing employers with a simplified compliance system. 1. Code on Wages, 2019 The Code on Wages consolidates four existing wage-related laws: Payment of Wages Act, 1936 Minimum Wages Act, 1948 Payment of Bonus Act, 1965 Equal Remuneration Act, 1976 Key Features Introduces the concept of a national floor wage to ensure minimum income protection across Ind...