Workers welfare govt labour others reach agreement on 5 bills

According to recent news, the Indian government, labor unions, and other stakeholders have reached an agreement on five key bills related to workers' welfare. These bills aim to improve the working conditions and benefits of workers in various sectors. Here's a brief summary of the agreements:

  1. Code on Social Security: The government and labor unions have agreed to introduce a comprehensive social security code that will consolidate and simplify existing laws related to social security, including the Employees' Provident Fund, Employees' State Insurance, and Maternity Benefit Act.
  2. Code on Wages: The agreement includes a code on wages that will ensure timely payment of wages to workers, including those in the informal sector. The code will also establish a minimum wage framework and provide for penalties for non-compliance.
  3. Industrial Relations Code: The government and labor unions have agreed to introduce an industrial relations code that will simplify and streamline the process of resolving industrial disputes. The code will also provide for a more efficient and effective mechanism for resolving disputes.
  4. Occupational Safety, Health and Working Conditions Code: The agreement includes a code on occupational safety, health, and working conditions that will ensure a safer and healthier work environment for workers. The code will also provide for regular inspections and enforcement of safety standards.
  5. Code on Trade Unions: The government and labor unions have agreed to introduce a code on trade unions that will provide for the registration and regulation of trade unions, as well as the protection of trade union rights and freedoms.

These agreements are expected to benefit millions of workers in India, particularly those in the informal sector, by providing them with better working conditions, social security, and benefits. The bills will now be introduced in Parliament for approval.