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NEW LABOUR CODES - ICSI

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NEW LABOUR CODESBackground The Second National Commission on LABOUR , which submitted its report in June 2002, had recommended that the existing set of Labourlaws should be broadly amalgamated into the following groups, namely: (a) industrial relations;(b) wages;(c) social security;(d) safety; and(e) welfare and working conditions ThreestakeholdersnamelyEmployer,Employee /theirUnionandGovernmentdecidedtoreformt heexistingLabourlaws inpastfocuswasonMillworkerandnowthefocus ofITandITESsectorandUnorganizedsector-mo rethan90%Preliminary FollowingbillswerepassedintheLokSabhaon2 3rdSeptember2020(i)IndustrialRelationsCo de,2020(ii)CodeonOccupationalSafety,Heal th&WorkingConditionsCode,2020(iii)Social SecurityCode,2020(iv)CodeonWages,2019(al readyreceivedPresidentassenton8thAugust2 019) Thesebillsareoutcomeofthepolicy ShramevJayate and SatyamevJayate.

1. Code on Wages,2019 4 laws – 1. The Payment of Wages Act, 1936 2. The Minimum Wages Act, 1948 3. The Payment of Bonus Act, 1965 4. The Equal Remuneration Act, 1976. 2. Industrial Relations Codes,2020 3 laws - 1. The Trade Unions Act, 1926 2. The Industrial Employment (Standing orders) Act, 1946 3. The Industrial Disputes Act, 1947s

  Payments, Wage, 1963, The payment, The payment of wages act, Wages act

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