With passing of the new remaining three labour codes by parliament, the objective of the Govt. appears to have been completed. Â All the four codes have now become the Acts as President has accorded his assent on 28th Sep. 2020. The Code on wages Act 2019 has already become an Act. By this exercise 39 central Acts have been merged in these four codes. Â Now Govt. has to frame the Rules under respective codes.
By this Four Codes Govt. has subsumed the following existing Acts:
The Code on Wages Act 2019: The Payment of Wages Act, 1936, the Minimum Wages Act, 1948, the Payment of Bonus Act, 1965 and the Equal Remuneration Act, 1976.
The Industrial Relations Code 2020: The Industrial Disputes Act 1947, Trade Unions Act 1926 and Industrial Employment (S.O.) Act, 1946.
The Social Security Code 2020 : The Employees Compensation Act, 1923,The Employees State...