• Source:JND

New Labour Laws Implemented: In a landmark move, the Centre implemented the four Labour Codes, pending since 2020, with officially notifying them on Friday. The new labour codes have introduced a series of transformative reforms benefiting gig and platform workers, women employees, and those employed in MSMEs.

Why The Laws Are So Significant?

The four new Labour Codes introduce worker-friendly measures like a timely minimum wage for all and universal social security, including gig and platform workers, while allowing longer work hours, broader fixed-term employment, and employer-friendly retrenchment rules.

BMS Welcomes New Codes

The Bharatiya Mazdoor Sangh (BMS) welcomed the implementation of the four Labour Codes, calling it a "significant milestone" in India's journey towards a fair, inclusive, and empowered labour ecosystem.

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"Bharatiya Mazdoor Sangh warmly appreciates the historic decision of the Government of India, led by Prime Minister Narendra Modi, for implementing the long-awaited four Labour Codes aimed at ensuring dignity, protection and progressive welfare for India's workforce," the RSS affiliate said in a statement.

The four Labour Codes are designed to be dynamic and future-ready, addressing the emerging realities of the labour market, it said.
The BMS said the broadening of wage coverage beyond scheduled employment and extension of social security protection to new and unorganised sectors reflect forward-looking reforms aligned with aspirations of the modern workforce.

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"BMS believes this is a significant milestone in India's journey towards a fair, inclusive, and empowered labour ecosystem," it added.

Earlier in the day, Prime Minister Narendra Modi shared a note on X, highlighting the significance of the new laws.

"Shramev Jayate! Today, our Government has given effect to the Four Labour Codes. It is one of the most comprehensive and progressive labour-oriented reforms since Independence. It greatly empowers our workers. It also significantly simplifies compliance and promotes ‘Ease of Doing Business.’ These Codes will serve as a strong foundation for universal social security, minimum and timely payment of wages, safe workplaces and remunerative opportunities for our people, especially Nari Shakti and Yuva Shakti," PM Modi wrote on X.

'It will build a future-ready ecosystem that protects the rights of workers and strengthens India’s economic growth. These reforms will boost job creation, drive productivity and accelerate our journey towards a Viksit Bharat," he added.
(With PTI inputs)

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