The Government has formulated four Labor Codes, namely, the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020.
The four Labour Codes envisage
strengthening the protection available to workers, including unorganized
workers in terms of statutory minimum wage, social security and healthcare of
workers.
Important changes in regulations
·
A legislative entitlement to minimum wages and timely payment of wages
has been granted to all employees in favour of inclusive growth and sustainable
development.
·
To prevent different interpretations and litigation, a single definition
of 'wages' has been supplied throughout all four Labor Codes that is clear,
logical, and straightforward to enforce.
·
Provisions have been established for yearly health examinations and
medical facilities, which boosts labour productivity and improves life
expectancy.
·
For the first time, the law mandates that every employee of an
institution get an appointment letter, which results in a documented contract
of employment that promotes job security and allows a worker to claim statutory
benefits like as minimum salaries, social security, etc.
·
Provision of a Re-Skilling Fund for worker skill improvement.
·
A definition of the gig worker and the platform worker has been
developed for the purpose of creating social security benefit programmes. The
contribution of aggregators and other sources, such as monies from the federal
and state governments, may be used to construct social security programmes.
·
Through Employees' State Insurance Corporation or Employees' Provident
Fund Organization, the Central Government may provide benefits to unorganised
employees, gig workers, and platform workers, as well as their family members.
·
A worker engaged in Fixed Term Employment (FTE) is eligible for the same
benefits as permanent workers and has also been made eligible for gratuity
after completing one year of service.
·
Every employee is entitled to paid yearly leave after working 180 days,
as opposed to the current 240 days. End-of-year provision for the encashment of
leave on demand by an employee who is still employed.
·
The Employees' Provident Fund is now applicable to all sectors, as
opposed to only those on the list.
1. 1. The code of wages,2019:-
It consists 4 facts:-
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4. Occupational safety, health and working conditions code,2020:-
It consists of 5 acts:-
Written By:
S. Venkata Prasanna, [2nd Year, BBA.LLB(Hons.)] under the guidance of Dr. Nagalatha Bathina, Associate Professor, Vignan Institute of Law.
Editorial Director:
Dr. Nagalatha Bathina, Associate Professor, Vignan Institute of Law.
Editors:
Dr. Praveen Kumar, Director, Vignan Institute of Law
Mr. L. Ashish Kumar, Assistant Professor, Vignan Institute of Law
Blog Managed By:
Taj Mahamood Baig [2nd Year, BA.LLB(Hons.)]