Wage Code Bill, 2019
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2017: Introduced in Lok Sabha first.Subsumes following 4 Acts:Payment of Wages Act, 1926.Minimum Wages Act, 1948.Payment of Bonus Act, 1965.Equal Remuneration Act, 1976.Object: To transform old and obsolete labour laws.Universalizes the provision of minimum wages and timely payment of wages to employees, irrespective of sectors.Central Government will fix floor wages taking into account living standard of workers.It may also fix different floor wages for different geographical areas.Minimum...
