Insta
Government Set To Make Minimum Wages A Statutory Right For All Employees
Factory workers at an assembly in Chennai (Getty Images)
In yet another populist move, the code on wages that seeks making minimum wages a statutory right for all employees will probably soon receive the governmental nod.
According to a report in the Financial Express, the union cabinet may approve the code on Wednesday which will then be tabled in the monsoon session of Parliament. Aimed at ‘reducing disparity in minimum wages across states’, the code will provide for a “national minimum wage” which will be revised every two years. No state will be allowed to fix their minimum wages below it.
The code which integrates the provisions of the Minimum Wages Act, 1948, the Payment of Wages Act, 1936, the Payment of Bonus Act, 1965, and the Equal Remuneration Act, 1976 will be the first among the long pending labour reform initiatives of the present government.
Also read:
Introducing ElectionsHQ + 50 Ground Reports Project
The 2024 elections might seem easy to guess, but there are some important questions that shouldn't be missed.
Do freebies still sway voters? Do people prioritise infrastructure when voting? How will Punjab vote?
The answers to these questions provide great insights into where we, as a country, are headed in the years to come.
Swarajya is starting a project with an aim to do 50 solid ground stories and a smart commentary service on WhatsApp, a one-of-a-kind. We'd love your support during this election season.
Click below to contribute.
Latest
