Union Cabinet approved the Code on Wages Bill on 3 July

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.

Updated: Jul 04, 2019 10:26:49 am

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)
♦ 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.
Free Current Affairs to Your Email

Latest Current Affairs 2020

Appointments / Resign

UN named Indian teenager Udit Singhal to 2020 Class of Young Leaders for SDGs

Sep 19,2020 08:26:46 pm
Udit Singhal is the founder of Glass2Sand, a zero-waste ecosystem that addresses the growing menace of glass waste in Delhi.
Fresherslive . 19 hours ago
Bills & Acts

RS passed Epidemic Diseases Amendment Bill 2020 to protect healthcare workers

Sep 19,2020 08:25:52 pm
The Bill seeks to make sure that there is an attitude of zero tolerance towards violence against people working in the healthcare sector, especially amid the covid-19 pandemic.
Fresherslive . 19 hours ago
Agreements MoU

Niti Aayog partners with ISPP for capacity building

Sep 19,2020 08:20:15 pm
The partnership aims to build collaboration for faster intermediation of knowledge and use within the public system.
Fresherslive . 19 hours ago
Appointments / Resign

Colonel Dr Girija Mungali appointed in Asian Football Confederation task-force

Sep 19,2020 08:19:29 pm
With this appointment, he plans to use the platform to create and promote opportunities for upcoming and young footballers especially from the rural areas of India.
Fresherslive . 19 hours ago

DRDO set up 8 technology centres for research on Military Applications

Sep 19,2020 08:18:42 pm
It formed a committee headed by Prof V Ramagopal Rao, Director of Delhi IIT, to suggest new measures to improve the efficiency of the DRDO laboratories in India.
Fresherslive . 19 hours ago
Bills & Acts

Lok Sabha passed two Farm reform Bills

Sep 18,2020 08:26:43 pm
The Bill seeks to provide for the creation of an ecosystem where the farmers and traders can sell and purchase of farmers' produce which facilitates remunerative prices through competitive alternative trading channels.
Fresherslive . 2 days ago

Gujarat announced subsidy support for e-bike, e-rickshaw

Sep 18,2020 08:25:08 pm
The scheme aims to provide subsidy support to students studying above Class 9 to purchase two-wheelers.
Fresherslive . 2 days ago
Important Days

International Equal Pay Day is observed on 18 September

Sep 18,2020 08:24:01 pm
The day aims to highlight the importance of achieving equal pay for work of equal value.
Fresherslive . 2 days ago
Index / List

India ranks 116 in Human capital Index of World Bank

Sep 17,2020 08:09:33 pm
The Human Capital Index 2020 update included health and education data for 174 countries up to March 2020. It covered around 98% of the worlds population.
Fresherslive . 3 days ago
Science & Technology

Astronomers finds possible hints of life in the clouds of Venus

Sep 17,2020 08:08:41 pm
The detection of phosphine molecules, which consist of hydrogen and phosphorus, could point to this extra-terrestrial aerial life.
Fresherslive . 3 days ago

Daily Current Affairs 2020

Entrance Exams

Subscribe to Current Affairs

Enter your email to get daily Current Affairs
Current Affairs PDF

Current Affairs 2020 September

September 19
News Quiz
September 18
News Quiz
September 17
News Quiz
September 16
News Quiz

Current Affairs 2020 August

August 31
News Quiz
August 29
News Quiz
August 28
News Quiz
August 27
News Quiz

Current Affairs 2020 July

July 31
News Quiz
July 30
News Quiz
July 29
News Quiz
July 28
News Quiz