In a historic decision, the government, on Friday, announced the implementation of the four Labour Codes, which have rationalised 29 existing labour laws, with immediate effect.
The four labour codes are the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020.
"The four labour codes have been notified and now they are the law of the land," said Union Labour Minister Mansukh Mandaviya at a press conference here.
“By modernising labour regulations, enhancing workers' welfare and aligning the labour ecosystem with the evolving world of work, this landmark move lays the foundation for a future-ready workforce and stronger, resilient industries, driving labour reforms for Aatmanirbhar Bharat,” a statement issued by the labour ministry said.
According to the statement, many of India's labour laws were framed in the pre-Independence and early post-Independence era (1930s–1950s), at a time when the economy and the world of work were fundamentally different.
While most major economies have updated and consolidated their labour regulations in recent decades, India has continued to operate under fragmented, complex and in several parts outdated provisions spread across 29 central labour laws, it said.
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