India gets new labour codes: Minimum wage guarantee, gratuity, social security for 400 mn workers — Full list | Today News
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India has implemented new labour codes guaranteeing minimum wages, appointment letters, equal pay for women, social security for 400 million workers, gratuity and more, in line with international standards. Here's a look:

cross-posted from: https://lemmy.ml/post/39412186

Bharat on Friday implemented it’s four major Labour Laws ensuring Minimum wage, Gratuity and Social Security for over 400Million workers. The goverenment calls this a reform in a decade old system.

Now let’s jump directly to the key elements of the new law:-

  1. Employment Formalised- It is now mandatory to give appointment letters to the workers, this will increase transperancy

  2. Security Coverage- Now all workers will get security coverage like Employees State Insurance Corporation (ESIC), Insurance etc

  3. Gaurantee of timely Minimum wage- A new dimension of time has been added to minimum wage which is said to ensure financial security

  4. Preventive Healthcare- All the Employers from now on must provide free annual Health Checkup to their workers above age of 40

  5. Compliance Burden Reduced- Single Registration, Pan India single license and single return, this will reduce burden.

  6. Introduction of National OSH Board- A national level Occupational Health and Safety Board will be established to ensure safe working conditions all over India.

  7. Women Equality- Women will now be able to work in night shifts in all areas, ofcourse only after their own consent and will also get equal pay and equal opportunities in high paying jobs.

In my opinion, a very good step by the goverenment, especially the National OSH board and Preventive Healthcare Initiative.

In my opinion, one thing that could be added was that a sector wise minimum wage could be introduced, which could show a significan shift from Minimum wage to ensure survival to Minimum wage to ensure Money for skill.

What do you think about my opinion and the overall bill. Feel free to let me know.

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If you want to know more about the new labour codes, here is the link:- https://www.livemint.com/news/india/india-gets-new-labour-codes-minimum-wage-guarantee-gratuity-after-1-year-social-security-for-40cr-workers-full-list-11763719159658.html

Jai Hind

Jai Bharat