New Delhi: Moving ahead with labour reforms, the Rajya Sabha passed the Wage Code bill Friday to enforce minimum wage among both formal and informal sector workers and make provision for no gender discrimination in either recruitment or payment of wages.
This comes following passage of the bill in the Lok Sabha and has the potential to improve women labour force participation rate in the country.
This bill will universalize minimum wage for all workers in the country, labour minister Santosh Gangwar said after the discussion on the bill that lasted for nearly three hours following participation of 22 parliamentarians from various political parties.
The Code on Wages Bill, 2019 was passed in the Rajya Sabha with 85 members in favour and 8 against
The bill will now go for the presidential assent to become an Act. Wage Code assumes significance as it is the first labour code that amalgamates four existing labour laws — Minimum Wages Act, Payment of Wages Act, Payment of Bonus Act and Equal Remuneration Act — into one and paves way for consolidation of more labour legislation in coming days.