Budget 2019: Labour Legislation To Be Streamlined Into Just Four Codes For Ease Of Registration, Return FilingA labourer takes a break from unloading sacks of onions from a truck. (Sanjay Kanojia/AFP/Getty Images)

The labour legislation in India would be streamlined into just four codes for standardised registration and and return filing, Finance Minster Nirmala Sitharaman announced in her maiden budget speech. This is expected to bring down labour disputes in the country.

The Narendra Modi led government had earlier approved the introduction of Code of Wages Bill which would then subsume The Minimum Wages Act, 1948, Payment of Wages Act 1936, Payment of Bonus Act, 1965 and Equal Remuneration Act 1976.

The code of wages bill is expected to benefit over 50 crore workers. Different states have as many as 2,000 different minimum wages and the code simplifies and reduces them substantially by doing away with 'type of employment' as a criteria. As per the Bill, the minimum wages would be based on geography and skills.

An Appeal...

Dear Reader,

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Become A Patron
Become A Subscriber