#CodeOnWages2019 #LabourReforms #LabourCodes #MinimumWages #WorkerWelfare #EqualPay #GenderEquality #IndianEconomy #Employment #SocialJustice

Code on Wages, 2019: A Pillar for Worker Welfare and Economic Growth

Code on Wages, 2019: A Pillar for Worker Welfare and Economic Growth

#CodeOnWages2019 #LabourReforms #LabourCodes #MinimumWages #WorkerWelfare #EqualPay #GenderEquality #IndianEconomy #Employment #SocialJustice New Delhi: The Code on Wages, 2019, is one of the four comprehensive labour codes enacted by the Government of India, consolidating and replacing four existing laws: the Payment of Wages Act, 1936, the Minimum Wages Act, 1948, the Payment of Bonus Act, 1965, and the Equal Remuneration Act, 1976. This reform is designed to advance equity and labour welfare while simultaneously ensuring enterprise sustainability by standardizing definitions, streamlining procedures, and reducing ambiguity. The ultimate aim is to drive economic growth through the generation of decent employment opportunities for all.…
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