The Lok Sabha on Tuesday passed three crucial labour codes, which the minister of state for labour and employment said, will prove to be a "game changer" for welfare reforms for more than 500 million organised and unorganised workers.
The three Bills -- Industrial Relations Code, Code on occupational Safety, Health and Working Conditions and Social Security Code -- besides the one on Wage Code already passed by the Lok Sabha, subsumed 29 labour laws.
The codes envisage setting up of a social security fund for 400 million unorganised workers along with the GIG and platform workers. The Code on Social Security