Code on Wages, 2019
We’re diving into one of the most important reforms in Indian labour law — the Code on Wages, 2019. This code simplifies wage-related laws and brings more transparency and fairness to workers’ pay. Let’s break it down
[SECTION 1: Overview of the Code]
“What is the Code on Wages?”
"The Code on Wages consolidates four existing laws: The Minimum Wages Act, Payment of Wages Act, Payment of Bonus Act, and the Equal Remuneration Act. It’s designed to ensure that every worker in India gets a fair wage and timely payment, while eliminating loopholes."
[SECTION 2: Key Features]
“Key Features of the Code on Wages”
"Let’s look at the main features:
Uniform Definition of Wages: This code introduces a standardized definition of ‘wages’ across various contexts — making it easier to calculate minimum wages, bonuses, and deductions for provident funds.
Minimum Wages for All: Earlier, minimum wages applied only to certain sectors. Now, every worker in India, across industries, is entitled to minimum wages, whether they are in the organized or unorganized sector.
Gender Equality: The Code emphasizes equal remuneration for men and women doing the same or similar work, ensuring there’s no discrimination in wages based on gender.
Timely Payment of Wages: Wages must be paid on time — monthly, weekly, or daily — depending on the nature of the employment. This ensures that workers, especially in smaller sectors, receive their pay regularly."
[SECTION 3: Impact on Employers & Workers]
“Impact on Employers and Workers”
"For employers, this code simplifies compliance by merging multiple wage laws. For workers, especially in the informal sector, it provides stronger protection. Gig workers, daily wage earners, and contract laborers now have legal backing to receive minimum wages and timely payments."
[SECTION 4: Criticisms & Concerns]
“Criticisms and Challenges”
"While the Code on Wages is a step forward, there are some concerns:
State Implementation: States still have the power to set minimum wages, and if not aligned, it could lead to inconsistencies.
Enforcement Issues: Ensuring that every unorganized worker benefits from the law could be a challenge due to lack of awareness and bureaucratic delays."
[SECTION 5: Conclusion]
“Conclusion”
"Overall, the Code on Wages marks a huge step towards creating fair working conditions for millions of workers in India. It’s designed to promote fairness, equality, and transparency in the labour market."
"Thank you for watching! If you found this video helpful, make sure to like, share, and subscribe for more updates on legal reforms and labour laws. See you next time!"
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