SME Times is powered by   
Search News
Just in:   • India has world’s lowest data costs, highest data usage: Scindia  • Ease of doing biz, FTAs boost India’s self-reliant and globally trusted economy: Piyush Goyal  • PM Modi to interact with India’s vibrant startup ecosystem  • Indian stock markets remain closed for Maharashtra civic elections  • S. Korea's auto exports hit record $72 billion in 2025 
Last updated: 22 Sep, 2020  

parliament.THMB.jpg LS passes three crucial bills on labour laws

parliament-house122012.jpg
   Top Stories
» Ease of doing biz, FTAs boost India’s self-reliant and globally trusted economy: Piyush Goyal
» PM Modi to interact with India’s vibrant startup ecosystem
» Indian stock markets remain closed for Maharashtra civic elections
» Gold prices eye fresh record high, silver skyrockets after softer US inflation data
» Sensex, Nifty open lower over FII outflows, crude prices rise
SME Times News Bureau | 22 Sep, 2020
The Lok Sabha on Tuesday passed three crucial labour law bills with voice vote in the ongoing Monsoon Session of Parliament as part of Prime Minister Narendra Modi-led government's labour reform initiatives.

The Occupational Safety, Health and Working Conditions Code, 2020; the Industrial Relations Code, 2020; and the Code on Social Security, 2020 were passed when the Opposition was not present in the House as part of its protest against the government's two farm Bills passed on Sunday amid widespread protest in various state by farmers.

The Opposition parties had boycotted the House before the Bill was moved in the House for its passage.

Minister of State with independent charge in the Ministry of Labour and Employment Santosh Kumar Gangwar had introduced these Bills on September 19 with substantive changes after withdrawing the three codes tabled in the Parliament in 2019.

In his concluding remark following debate on these code Bills, Gangwar said various changes have been done in the labour court as well as in the preamble, and that 174 out of 233 or 74 per cent of the recommendations of the standing committee on labour across three codes have been included.

The codes will give powers to state governments on rules related to hiring, retrenchment and fixing work hours in their factories and establishments while restricting powers of the workers to form unions. Besides, it will ensure the government extends social security to all, including the unorganised and gig workers in a phased manner.

The union labour ministry has consolidated and amalgamated 29 labour laws into four codes to significantly improve the ease of compliance and hiring and firing of workers while keeping the labour welfare under consideration. The government had earlier notified the Code on Wages which provides for national level floor wage for all workers.

The Code, is however, yet to be implemented.The code on occupational safety, health and working conditions (OSH&WC Code) and the industrial relations code will give autonomy to states to amend labour laws to suit their industrial needs and attract investments through labour reforms without seeking the Centre's permission.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹91.25
₹89.55
UK Pound
₹122.85
₹118.85
Euro
₹107.95
₹104.3
Japanese Yen ₹59 ₹57.1
As on 29 Dec, 2025
  Daily Poll
What is your biggest hurdle to scaling right now?
 Cash flow issues
 Material costs
 Finding leads
 Adopting AI
 Hiring Talent
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter