The Institute of Company Secretaries of India is releasing the publication Handbook on the Code on Wages, 2019 and extending its whole hearted support in spreading awareness about various initiatives of the Government of India including labour laws reforms.
The Ministry with a view to facilitate ease of doing business, generate employment and safeguard interest of workers and employers, has taken various legislative, administrative and e-governance initiatives relating to labour laws in India.
The Ministry has been working towards simplifying, amalgamating and rationalizing the relevant provisions of the Central Labour Laws and consolidating the same into four labour codes for bringing out reforms in the provisions relating to minimum wages, bonus, industrial relations, social security and safe working environment, etc. The Code on Wages, 2019 is first law under the initiatives for which the Ministry has put draft rules in public domain for feedback and suggestions and is under the process of finalization of the rules. Also the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 have been passed by the Parliament and assented to by the President on September 28, 2020.
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