Code on Wages bill

Question 1

Aim ?

Answer 1

To make all labour laws more accountable and transparent

Question 2

What previous acts are amalgamated ?

Answer 2

1) Payment of Wages Act, 1936
2) Minimum Wages Act, 1948
3) Payment of Bonus Act, 1965
4) Equal Remuneration Act, 1976

Question 3

Advantages ?

Answer 3

Ensures Minimum wages along with timely payment of wages to all employees and workers

Question 4

Features ?

Answer 4

1) Many unorganised workers like dhaba workers, agricultarists who were out of the ambit of minimum wages will get legislative protection
2) Ensuring Right to Sustenance for every worker and intends to increase legislative protection of minimum wage from existing 40% to 100%
3) Doing away with the concept of multiple min wages laws within a state