While the federal government has spearheaded major reforms to
consolidate the numerous existing laws into four major labor codes, these Codes
are yet to be implemented. They are:
- The
Code on Wages;
- The
Code on Social Security;
- The
Industrial Relations Code; and
- The
Occupational, Safety, Health, and Working Condition Code.
Since the implementing rules for these Codes were yet to be notified, as
of July 2024, human resource (HR) policies in India continue to be governed by
the existing laws.
The introduction of these codes is intended to reduce the compliance
burden on businesses by merging multiple registrations, licenses, and returns
into single, streamlined processes.
The new codes emphasize worker safety, fair wages, and social security.
For instance, the Occupational Safety, Health, and Working Conditions Code
mandates comprehensive health and safety standards and requires employers to
ensure adequate working conditions.
|
New Labor Codes and Corresponding
Laws it Will Subsume |
|
|
New labor code |
Subsumed laws |
|
Code on Wages, 2019 |
|
|
Code on Social Security, 2020 |
|
|
Occupational Safety, Health, and Working Conditions Code Bill, 2020 |
|
|
Industrial Relations Code Bill, 2020 |
|