Union Cabinet approved the Code on Wages Bill on 3 July

Last Updated: July 4, 2019

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Union Cabinet approved the Code on Wages Bill on 3 July
04 July 2019 Current Affairs: The Union Cabinet approved the Code on Wages Bill, a draft legislation, on 3 July. The Bill seeks to mandate minimum wages fixed by the central government which will be implemented by states for all occupations. It is a first step towards reviving the labour law reform process. 

About the Bill:
The Code on Wages Bill was tabled in Lok Sabha in August 2017. But the Bill lapsed after the dissolution of the 16th Lok Sabha. The Bill proposed to empowerthe 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. 
Currently, the minimum wages are fixed on the basis of categories such as skilled, unskilled, semi-skilled, high skilled, geographical regions, and nature of work. These categories are applicable for 45 central sphere establishments and 1709 scheduled employments in states. 
At present, the Centre has fixed a non-statutory measure, that is, a National Floor-Level Minimum Wage, to ensure that states fix their minimum wages beyond this floor level.
Under the Code on Wages Bill, four labour laws will be combined. The four laws are:
1) Payment of Wages Act, 1936
2) Minimum Wages Act, 1948
3) Payment of Bonus Act, 1965
4) Equal Remuneration Act, 1976

Ministry of Labour and Employment:
Headquarters: New Delhi
Minister: Santosh Gangwar (independent charge)
Aim:
♦ To develop and coordinate vocational skill training and employment
♦ To create a healthy work environment for higher production and productivity 
♦ It is responsible to protect and safeguard the interest of workers in general and the poor, deprived and disadvantaged sections of the society.

Daily Current Affairs 2019



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