Parliament on Friday approved a bill to enable introduction of minimum wage for every worker besides addressing issues like delay in payment to employees, with Labour Minister Santosh Kumar Gangwar asserting it will benefit about 50 crore workers in the country.
The Code on Wages Bill, 2019 -- which seeks to amend and consolidate the laws relating to wages, bonus and matters connected therewith -- was passed in the Rajya Sabha with 85 members in favour and 8 against. It was passed in the Lok Sabha on July 30.
The Bill will subsume four labour laws -- Minimum Wages Act, Payment of Wages Act, Payment of Bonus Act and Equal Remuneration Act. After its enactment, all these four Acts would be repealed.
Moving the bill for consideration and passage in the Upper House, Gangwar said, "Every labourer should have a respectful life. It is an historic bill. About 50 crore labourers will benefit."
As per the bill, the tripartite committee comprising representatives of trade unions, employers and state government would fix a floor wage for workers throughout the country, Gangwar said, adding "minimum wage will become right of every worker."
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
