This mind map illustrates the four new Labour Codes, their individual focus areas, and their collective objectives, highlighting their relevance to governance, economy, and social justice.
This mind map illustrates the four new Labour Codes, their individual focus areas, and their collective objectives, highlighting their relevance to governance, economy, and social justice.
Universal Minimum Wages
Timely Payment
Increased Retrenchment Threshold (300)
Worker Re-skilling Fund
Includes Gig & Platform Workers
Dedicated Social Security Fund
Consolidates Safety & Health
Working Hours & Annual Leave
Simplifies Compliance (29 to 4 laws)
Formalization of Labour
Universal Minimum Wages
Timely Payment
Increased Retrenchment Threshold (300)
Worker Re-skilling Fund
Includes Gig & Platform Workers
Dedicated Social Security Fund
Consolidates Safety & Health
Working Hours & Annual Leave
Simplifies Compliance (29 to 4 laws)
Formalization of Labour
Consolidation: Replaced 29 central labour laws with 4 codes: Code on Wages, 2019; Industrial Relations Code, 2020; Code on Social Security, 2020; and Occupational Safety, Health and Working Conditions Code, 2020.
Universal Minimum Wages: The Code on Wages, 2019 provides for a universal definition of 'wages' and aims to ensure a statutory minimum wage for all workers, including those in the unorganised sector, along with timely payment.
Industrial Relations: The Industrial Relations Code, 2020 introduces provisions for worker re-skilling fund, expands the threshold for requiring government permission for layoffs/retrenchment to 300 workers (from 100), and mandates a prior notice for strikes/lockouts.
Expanded Social Security: The Code on Social Security, 2020 aims to extend social security benefits like provident fund, ESI, gratuity, and maternity benefits to a wider segment of the workforce, including gig and platform workers and unorganised sector workers.
Occupational Safety: The Occupational Safety, Health and Working Conditions Code, 2020 consolidates laws relating to safety, health, and working conditions, covering aspects like working hours, annual leave, and women's employment.
Ease of Doing Business: Simplifies compliance by reducing the number of laws, harmonizing definitions, and introducing single licensing and registration mechanisms.
Formalization of Labour: Aims to bring more workers into the formal economy by expanding coverage of social security and minimum wages, thereby reducing informality.
Flexibility for Employers: Provides greater flexibility in hiring and firing, particularly for smaller establishments, while also establishing a re-skilling fund for retrenched workers.
Dispute Resolution: Streamlines the process for industrial dispute resolution and encourages voluntary arbitration.
This mind map illustrates the four new Labour Codes, their individual focus areas, and their collective objectives, highlighting their relevance to governance, economy, and social justice.
New Labour Codes (India)
Consolidation: Replaced 29 central labour laws with 4 codes: Code on Wages, 2019; Industrial Relations Code, 2020; Code on Social Security, 2020; and Occupational Safety, Health and Working Conditions Code, 2020.
Universal Minimum Wages: The Code on Wages, 2019 provides for a universal definition of 'wages' and aims to ensure a statutory minimum wage for all workers, including those in the unorganised sector, along with timely payment.
Industrial Relations: The Industrial Relations Code, 2020 introduces provisions for worker re-skilling fund, expands the threshold for requiring government permission for layoffs/retrenchment to 300 workers (from 100), and mandates a prior notice for strikes/lockouts.
Expanded Social Security: The Code on Social Security, 2020 aims to extend social security benefits like provident fund, ESI, gratuity, and maternity benefits to a wider segment of the workforce, including gig and platform workers and unorganised sector workers.
Occupational Safety: The Occupational Safety, Health and Working Conditions Code, 2020 consolidates laws relating to safety, health, and working conditions, covering aspects like working hours, annual leave, and women's employment.
Ease of Doing Business: Simplifies compliance by reducing the number of laws, harmonizing definitions, and introducing single licensing and registration mechanisms.
Formalization of Labour: Aims to bring more workers into the formal economy by expanding coverage of social security and minimum wages, thereby reducing informality.
Flexibility for Employers: Provides greater flexibility in hiring and firing, particularly for smaller establishments, while also establishing a re-skilling fund for retrenched workers.
Dispute Resolution: Streamlines the process for industrial dispute resolution and encourages voluntary arbitration.
This mind map illustrates the four new Labour Codes, their individual focus areas, and their collective objectives, highlighting their relevance to governance, economy, and social justice.
New Labour Codes (India)