Universal Minimum Wage: Govt Introduces Bill Aimed to Benefit Over 40 Cr Unorganised Sector Workers
The Government introduced in the Lok Sabha ‘The Code on Wages’ bill which seeks to empower the Centre to fix a “universal minimum wage” aimed to benefit over 40 crore unorganised sector workers.
‘The Code on Wages’ Bill to consolidate and amend the laws relating to wages and bonus was introduced in the House by Labour Minister Bandaru Dattatreya. 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. Dattatreya said: