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The Code on Wages was notified by the Government of India in the year
Explanation
The Code on Wages, 2019, was notified by the Government of India in the year 2019. Specifically, the Act received presidential assent and was published in the Gazette of India on August 8, 2019 [2]. This legislative reform was undertaken to simplify and rationalize four existing labour laws: the Minimum Wages Act (1948), the Payment of Wages Act (1936), the Payment of Bonus Act (1965), and the Equal Remuneration Act (1976) [2]. While the Act itself was notified in 2019, its various provisions were designed to come into force on dates subsequently appointed by the Central Government through further notifications [3]. The Code introduces a statutory 'Floor Wage' applicable to both organized and unorganized sectors, ensuring that minimum wages fixed by state or central agencies do not fall below this benchmark [2].
Sources
- [1] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 12: Indian Industry > RECENT REFORMS IN INDUSTRIAL LABOUR LAWS > p. 392
- [2] https://labour.gov.in/sites/default/files/the_code_on_wages_2019_no._29_of_2019.pdf
- [3] https://dtnbwed.cbwe.gov.in/images/upload/Code-on-Wages--_03L6.pdf