Analysing the new labour codes

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The story "Analysing the new labour codes" was covered 9 hours ago by Economic Times, a news publisher based in India.

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Analysing the new labour codes - Economic Times

Quick Summary:

The Labour Codes replace over 30 central legislations to simplify and modernise labour laws in India, with an emphasis on ease of doing business.

A fixed term worker is also eligible for all statutory benefits available to a permanent worker proportionately according to the period of service rendered by him, even if the employment period does not extend to the qualifying period of employment required in the statute, including payment of gratuity if he renders service for a period of one year.

The State Government is to set up social security schemes for PF; employment injury benefit; housing; educational schemes for children; skill upgradation of workers; funeral assistance; and old age homes.