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Labourmin Seeks Cabinet Nod for Code on Wages


The labour ministry has sought Cabinet approval for the new labour code on wages, a move which is seen as a first step towards labour reforms. Once approved, it will be laid in Parliament during the upcoming monsoon session.
It is expected to significantly improve the ease of doing business as well as ensure minimum wage to all.
“The final bill on labour code on wages, after being cleared by the inter-ministerial group, has been sent to the Cabinet yesterday (Monday). The effort will be to introduce it in the upcoming monsoon session of the Parliament,” labour minister Dattatreya told ET.
The Code on Wages Bill, which will ensure universal minimum wage for all industries and workers, has already been approved by the finance minister Arun Jaitley-led inter-ministerial panel on labour.
The Code on Wages Bill also seeks to empower the Centre to set a minimum wage across sectors, and states will have to follow that. However, states will be able to provide higher minimum wage in their jurisdiction than fixed by the central government since labour is in the concurrent list.
 
Once approved by the Parliament, even workers getting monthly pay of higher than ? 18,000, would be legally entitled to a minimum wage.
 
The Economic Times, New Delhi, 12th July 2017

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