Govt to move ahead on labour reforms with new Bill, extend Minimum Wages Act across sectors
In what could be a significant improvement over existing wage rules, the government is likely to extend the applicability of the Minimum Wages Act to all forms of employment and workers in both the organised and the unorganised sectors. For instance, one aspect of the proposed legislation could be that while the state government concerned will fix and revise minimum wages, the Centre could, by notification, fix the so-called floor wage, which may be different for different geographical areas. The Code of Wages Bill, 2019, proposed by the Union Ministry of Labour and Employment rationalises various sections of central labour laws pertaining to service conditions like the Minimum Wages Act of 1948, the Payment of Bonus Act of 1965 and the Equal Remuneration Act of 1976. The new legislation tries to meet the demands of employers who had petitioned the government to rationalise labour laws as well as of the labour unions while trying to extend the provision of minimum wages to all workers regardless of wage ceiling and sector of employment.
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