Code On Wages Bill

The rules relating to these codes, finalised by the union labour ministry, are silent on several concerns of Indian enterprises and other stakeholders

The ministry has come out with a list of occupations skill-wise, which will be dynamic in nature," a senior labour ministry official said, requesting anonymity.

The Code on Minimum Wages passed by Parliament provides only for floors on wages to be set by the Centre

The Bill which was passed by voice vote subsumes four labour laws -- Minimum Wages Act, Payment of Wages Act, Payment of Bonus Act and Equal Remuneration Act

The Bill subsumes four labour laws -- Minimum Wages Act, Payment of Wages Act, Payment of Bonus Act and Equal Remuneration Act

The Bill had proposed empowering the states to fix different minimum wages based on geography, skill and occupation, along with a national-level minimum wage which will act as a floor

According to sources, the labour ministry is likely to seek Cabinet approval for the Code on Wages Bill next week as it pushes for its passage in the ongoing Parliament session

Code on Wages Bill needs to be tweaked

The Code on Wages, which was introduced in the Lok Sabha in August 2017, consolidates four laws related to minimum wages, payment of wages and bonus and equal remuneration

The labour ministry is in the process of condensing 44 labour laws into four codes