The Bill seeks to consolidate and amend the laws relating to wages and bonus.
The government on Thursday made a surprise introduction in the Lok Sabha of ‘The Code on Wages’ Bill. The Bill seeks to empower the Centre to fix a “universal minimum wage” for all categories of over 40 crore unorganised sector workers, a PTI report said.
Labour minister Bandaru Dattatreya introduced the Bill in the House, stating: “It is for simplification, rationalisation and making it less cumbersome. No way workers’ right is being infringed... It is going to bring in a historical change in the wages for workers and universal minimum wages will be implemented for the first time in India.”
The bill seeks to amalgamate four laws — Payment of Wages Act 1936, Minimum Wages Act 1948, Payment of Bonus Act 1965 and Equal Remuneration Act 1976.
The minister is said to have held meetings with trade unions as well as labour secretaries and ministers from the states while drafting the bill, the report added.
As 40 crore unorganised sector workers will benefit from the universal minimum wage, “the bill has a very large respective,” the minister was quoted as saying.