Timeline showing the key milestones in the development and implementation of the new labor codes in India.
Shram Suvidha Portal launched to simplify labor compliance.
Wage Code passed by Parliament.
Social Security Code, Industrial Relations Code, and Occupational Safety, Health and Working Conditions Code passed by Parliament.
Several states begin drafting rules under the new labor codes.
Original deadline for nationwide implementation of the Labor Codes, repeatedly extended.
Infosys reports exceptional charge due to the statutory impact of new labor codes.
Timeline showing the key milestones in the development and implementation of the new labor codes in India.
Shram Suvidha Portal launched to simplify labor compliance.
Wage Code passed by Parliament.
Social Security Code, Industrial Relations Code, and Occupational Safety, Health and Working Conditions Code passed by Parliament.
Several states begin drafting rules under the new labor codes.
Original deadline for nationwide implementation of the Labor Codes, repeatedly extended.
Infosys reports exceptional charge due to the statutory impact of new labor codes.
Mind map illustrating the key concepts related to the Labor Codes and their implications for various stakeholders.
Ensures minimum wages and timely payment
Provides for social security benefits
Regulates trade unions, strikes, and lockouts
Ensures safe and healthy working conditions
Potential for increased compliance costs
Mind map illustrating the key concepts related to the Labor Codes and their implications for various stakeholders.
Ensures minimum wages and timely payment
Provides for social security benefits
Regulates trade unions, strikes, and lockouts
Ensures safe and healthy working conditions
Potential for increased compliance costs
Wage Code ensures minimum wages and timely payment of wages to all workers.
Social Security Code provides for social security benefits like provident fund, gratuity, and insurance.
Industrial Relations Code regulates trade unions, strikes, and lockouts.
Occupational Safety, Health and Working Conditions Code ensures safe and healthy working conditions.
The codes aim to cover both organized and unorganized sectors.
They introduce the concept of a National Floor Wageminimum wage below which no state can fix its minimum wage.
Increased threshold for applicability of certain provisions to reduce compliance burden on smaller establishments.
Provision for fixed-term employment to provide flexibility to employers.
Focus on promoting harmonious industrial relations through conciliation and arbitration.
The codes are yet to be fully implemented by all states.
Timeline showing the key milestones in the development and implementation of the new labor codes in India.
The new labor codes aim to consolidate and simplify existing labor laws, promote ease of doing business, and enhance social security coverage for workers. However, their implementation has faced delays and challenges.
Mind map illustrating the key concepts related to the Labor Codes and their implications for various stakeholders.
Labor Codes
Wage Code ensures minimum wages and timely payment of wages to all workers.
Social Security Code provides for social security benefits like provident fund, gratuity, and insurance.
Industrial Relations Code regulates trade unions, strikes, and lockouts.
Occupational Safety, Health and Working Conditions Code ensures safe and healthy working conditions.
The codes aim to cover both organized and unorganized sectors.
They introduce the concept of a National Floor Wageminimum wage below which no state can fix its minimum wage.
Increased threshold for applicability of certain provisions to reduce compliance burden on smaller establishments.
Provision for fixed-term employment to provide flexibility to employers.
Focus on promoting harmonious industrial relations through conciliation and arbitration.
The codes are yet to be fully implemented by all states.
Timeline showing the key milestones in the development and implementation of the new labor codes in India.
The new labor codes aim to consolidate and simplify existing labor laws, promote ease of doing business, and enhance social security coverage for workers. However, their implementation has faced delays and challenges.
Mind map illustrating the key concepts related to the Labor Codes and their implications for various stakeholders.
Labor Codes
