{"id":216470,"date":"2019-07-04T16:00:24","date_gmt":"2019-07-04T10:30:24","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=216470"},"modified":"2019-07-08T15:04:25","modified_gmt":"2019-07-08T09:34:25","slug":"cabinet-approves-code-on-wages-bill","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/04\/cabinet-approves-code-on-wages-bill\/","title":{"rendered":"Cabinet approves Code on Wages Bill"},"content":{"rendered":"<p style=\"text-align: justify;\">As reported by PTI, Cabinet has approved the Code on Wages Bill which seeks to :<\/p>\n<p style=\"text-align: justify;\"><em>&#8221; subsume existing laws related to workers remuneration and enable the Centre to fix minimum wages for the entire country.&#8221;<\/em><\/p>\n<p style=\"text-align: justify;\">The said Code would combine four\u00a0labour laws\u00a0\u2014 Payment of Wages Act, 1936, Minimum Wages Act, 1948, Payment of Bonus Act, 1965, and Equal Remuneration Act, 1976.<\/p>\n<p style=\"text-align: justify;\">The wages code bill was introduced in the Lok Sabha on August 10, 2017. The bill was referred to the Parliamentary Standing Committee which submitted its report on December 18, 2018. However, the bill lapsed after 16th Lok Sabha dissolved in the month of May.<\/p>\n<p>The bill provides that the central government will fix minimum wages for certain sectors, including railways and mines, while the states would be free to set minimum wages for other categories of employment.<\/p>\n<p>The code also provides for setting up of a national minimum wage. The central government can set a separate minimum wage for different regions or states.<\/p>\n<p>The draft law also says that the minimum wage would be revised every five years.<\/p>\n<hr \/>\n<p style=\"text-align: justify;\"><span style=\"color: #008000;\"><strong>Ministry has taken steps for drafting four Labour Codes on Wages<\/strong><\/span>; <span style=\"color: #ff0000;\">Industrial Relations; Social Security; and Occupational Safety, Health and Working Conditions<\/span> respectively, by simplifying, amalgamating and rationalizing the relevant provisions of the existing Central Labour Laws. The 4 Labour Codes contain provisions relating to wage, social security, safety, health and grievance redressal mechanism for workers. These initiatives are expected to provide wage security, social security, occupational safety and decent working conditions to the workers. However, there is no proposal at present to dismantle and merge of Employees\u2019 State Insurance Corporation (ESIC), Employees Provident Fund Organization (EPFO) with other central schemes and privatization of social security fund.<\/p>\n<p style=\"text-align: justify;\">The process of Legislative reforms on Labour includes consultation with stakeholders including Central Trade Unions, Employers\u2019 Associations and State Governments in the form of tripartite consultation. Besides, the draft Labour Codes were also placed on the website of the Ministry, seeking comments\/suggestions from all stakeholders including the general public. The draft legislations are finalised after considering comments\/suggestions received from various stakeholders.<\/p>\n<p style=\"text-align: justify;\">The proposed labour reforms initiatives will reduce the complexity in compliance due to a multiplicity of labour laws and facilitate setting up of enterprises and thus creating the environment for the development of business and industry in the country and generating employment opportunities without diluting basic aspects of safety, security and health of workers.<\/p>\n<p><strong>Ministry of Labour and Employment<\/strong><\/p>\n<hr \/>\n<p>[Source: PTI]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As reported by PTI, Cabinet has approved the Code on Wages Bill which seeks to : &#8221; subsume existing laws related to <\/p>\n","protected":false},"author":8808,"featured_media":29801,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[29535,4],"tags":[36440,36511,36510,10631,30048],"class_list":["post-216470","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cabinet_decisions","category-legislationupdates","tag-code-on-wages-bill","tag-employees-provident-fund-organization","tag-employees-state-insurance-corporation","tag-labour-laws","tag-social-security"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cabinet approves Code on Wages Bill | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/07\/AdobeStock_214673723.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/07\/AdobeStock_214673723.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/07\/AdobeStock_214673723.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/07\/AdobeStock_214673723.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/07\/AdobeStock_214673723.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":217667,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/08\/03\/rajya-sabha-passes-the-code-on-wages-bill-2019\/","url_meta":{"origin":216470,"position":1},"title":"Rajya Sabha Passes The Code on Wages Bill, 2019","author":"Bhumika Indulia","date":"August 3, 2019","format":false,"excerpt":"Rajya Sabha passed The Code on Wages Bill, 2019 \u00a0after due consideration and discussion. Lok Sabha has already passed the bill on July 30, 2019. The Bill will become an Act after Presidential assent. It will be the first Code to become an Act out of the four Codes: Code\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":240979,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/12\/19\/central-govt-notifies-enforcement-of-certain-provisions-of-the-code-on-wages-2019\/","url_meta":{"origin":216470,"position":2},"title":"Central Government notifies enforcement of certain provisions of the Code on Wages, 2019","author":"Bhumika Indulia","date":"December 19, 2020","format":false,"excerpt":"Central Government exercising the powers conferred by sub-section (3) of Section 1 of the Code of Wages, 2019 read with Section 14 of the General Clauses Act, 1897 appoints the date of publication of this notification in the Official Gazette as the date on which the following provisions of the\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":217988,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/08\/12\/code-on-wages-bill-2019-received-presidents-assent-the-code-on-wages-2019-to-be-enacted\/","url_meta":{"origin":216470,"position":3},"title":"Code on Wages Bill, 2019 received President&#8217;s assent &#8212;  The Code on Wages, 2019 to be enacted","author":"Bhumika Indulia","date":"August 12, 2019","format":false,"excerpt":"President gave its assent to the Code on Wages Bill, 2019 on 08-08-2019. The Code on Wages, 2019 It is an act to\u00a0amend and consolidate the laws relating to wages and bonus and matters connected therewith or incidental thereto and it extends to the whole of India. It will be\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":216734,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/12\/cabinet-approves-code-on-occupational-safety-health-and-working-conditions-bill-2019\/","url_meta":{"origin":216470,"position":4},"title":"Cabinet approves Code on Occupational Safety, Health and Working Conditions Bill, 2019","author":"Bhumika Indulia","date":"July 12, 2019","format":false,"excerpt":"13 Central Labour Laws brought in the ambit of New Code","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/07\/AdobeStock_214673723.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/07\/AdobeStock_214673723.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/07\/AdobeStock_214673723.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/07\/AdobeStock_214673723.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/07\/AdobeStock_214673723.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":232004,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/07\/09\/centre-notifies-draft-code-on-wages-central-rules-2020-and-invites-objection-and-suggestions\/","url_meta":{"origin":216470,"position":5},"title":"Centre notifies draft Code on Wages (Central) Rules, 2020 and invites objection and suggestions","author":"Bhumika Indulia","date":"July 9, 2020","format":false,"excerpt":"Centre publishes a draft notification of --\u00a0Code on Wages (Central) Rules, 2020\u00a0and invites objections and suggestion in regard to the same. The same would extend to whole of India. Once the Rules are notified, following rules will be superseded: Payment of Wages (Procedure) Rules, 1937; Payment of Wages (Nomination) Rules,\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/216470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/8808"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=216470"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/216470\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/29801"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=216470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=216470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=216470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}