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New labour Codes in india
Overview of India's 4 new Labour Codes: stats, key features, reform timeline, benefits vs challenges, aiming to boost employment & ease business (142 chars)
The slide is titled "New Labour Codes in India." Its subtitle highlights the consolidation of 29 laws into 4 codes.
Consolidating 29 Laws into 4 Codes
Source: India's 2020 labour law reforms
This agenda slide outlines the presentation structure on labor topics. It covers the Labour Landscape, The 4 New Codes, Key Changes, Impacts & Stats, Challenges, and Conclusion.
Source: New Labour Codes in India
India's labour force totals 476 million workers as of 2020, with 94% in the unorganised sector and just 27.5 million in the government-heavy organised workforce. Agriculture accounts for 41% of employment, the largest sector.
as of 2020
vast majority
largest sector
govt heavy Source: Periodic Labour Force Survey (2020)
This section header slide is titled "The 4 New Labour Codes." Its subtitle describes streamlining wages, industrial relations, social security, and OSH&WC for greater flexibility and worker rights.
Streamlining wages, industrial relations, social security & OSH&WC for flexibility and worker rights.
Source: New Labour Codes in India
The slide "Key Features of Each Code" displays a feature grid with four icons highlighting labor reforms: minimum wages and timely pay for all workers, flexible hiring/firing with union regulation, broader social security for gig and unorganized sectors, and enhanced safety standards with working hour norms. Each feature includes a concise description of its benefits.
{ "features": [ { "icon": "💰", "heading": "Minimum Wages & Timely Pay", "description": "Ensures statutory minimum wages and timely payments for all workers." }, { "icon": "🤝", "heading": "Flexible Hiring & Firing", "description": "Simplifies hiring/firing processes and regulates trade unions effectively." }, { "icon": "🛡️", "heading": "Broader Social Security", "description": "Extends coverage to gig workers and unorganized sector employees." }, { "icon": "⛑️", "heading": "Enhanced Safety Standards", "description": "Sets safety norms and regulates working hours for protection." } ] }
Source: New Labour Codes in India
India's labour reforms timeline begins with rigid regulations from 1950-1990, followed by economic liberalisation in 1991. It progresses to the introduction of four labour code bills in 2019, their passage in 2020 consolidating 29 laws, and ongoing implementation across states in 2024.
1950-1990: Era of Strict Laws Rigid labour regulations dominated India's workforce from 1950 to 1990. 1991: Economic Liberalisation Begins Post-1991 reforms initiate gradual liberalisation of labour markets. 2019: Labour Code Bills Introduced Government presents four comprehensive labour code bills in Parliament. 2020: Four Labour Codes Passed Parliament enacts codes consolidating 29 outdated labour laws. 2024: Implementation Ongoing New labour codes rollout continues across Indian states.
The slide contrasts benefits of new labour codes, including consolidation of 29 laws into 4 for simpler compliance, flexibility in hiring and gig work, and enhanced social security. Challenges include delayed rollout due to state notifications, inconsistent adoption, and union fears of weakened worker protections.
| Benefits | Challenges |
|---|---|
| New labour codes consolidate 29 laws into 4, simplifying compliance for businesses. Offers flexibility in hiring, operations, and gig economy. Enhances social security with universal coverage, minimum wages, and gratuity benefits. | Delayed rollout due to pending rules and notifications by states. Variations in state adoption create implementation inconsistencies. Unions concerned over potential dilution of worker protections and increased job insecurity. |
The conclusion slide, titled "Conclusion & Next Steps" with subtitle "Empowering India's Workforce," states that the Codes aim to boost employment and ease business. It calls for monitoring implementation affecting 500M+ workers and invites questions.
Codes aim to boost employment & ease business. Monitor implementation for 500M+ workers. Questions?
Empowering India's Workforce
Source: New Labour Codes in India
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