CONTEXT: The passage of three Bills on labour codes by Parliament on Wednesday is a historic milestone, both for industry and workers.
Labour codes: The four codes consolidate the relevant labour laws in the central sector.
Major Problems in Labour Sector:
Way Forward:
Conclusion: It facilitates industry to identify informal workers (contract, casual, daily wage and construction workers), critical to the economy, and bring them under the formal fold, thereby securing their long-term commitment to organizations in safe work environments.