The Centre's four labour codes on wages, social security, industrial relations and occupation safety, health and working conditions are likely to be implemented soon.
Earlier, it was to be implemented from April 2021, however, as labour is a concurrent subject, both the Centre and states had to notify rules under these four codes to make them the laws of the land.
Recently, Labour Minister Bhupender Yadav exuded confidence saying the four codes may soon be implemented as around 90 per cent of states have already come out with draft rules.
In 2019 and 2020, 29 central labour laws were amalgamated, rationalised and simplified into four labour codes, viz, the Code on Wages, 2019; the Industrial Relations Code, 2020; the Code on Social Security, 2020; and the Occupational Safety, Health & Working Conditions Code, 2020, noted the Survey.
The new laws are in tune with the changing labour market trends and at the same time accommodate the minimum wage requirement and welfare needs of the unorganised sector workers, including the self-employed and migrant workers, within the framework of legislation.
Here's how the new labour code will impact employees:
1. The four codes, if implemented, will drastically alter the way industrial houses treat their employees and also impact the working hours, take home salary...
The Kroger Sued for False Advertising case is raising fresh concerns about transparency in supermarket meat departments, as Animal Outlook accuses the retail giant of misleading in-store marketing...