In 2019, the Ministry of Labour and Employment had introduced 4 Bills (Codes) to consolidate 29 laws of Central Government as regards employee remuneration.
These Codes were proposed to regulate the following 4 key aspects:
- Wages,
- Industrial Relations,
- Social Security, and
- Occupational Safety, Health & Working Conditions.
The Code on Wages was passed by the Parliament in 2019, whereas the other 3 bills were referred to the Standing Committee on Labour.
Standing Committee on Labour submitted its report on the rest 3 Bills. Thereafter the Government replaced these Bills with new Codes on 19th September 2020.
In this report, we shall analyse the relevance and the applicability of the Code on Wages 2019.