Intentar ORO - Gratis

Labour codes: The state must do what it has promised

Mint Ahmedabad

|

December 12, 2025

India's government finally announced the implementation of the four labour codes passed by Parliament about five years ago, starting 21 November 2025.

- HIMANSHU

These four, namely the Code on Wages of 2019, Industrial Relations Code of 2020, Code on Social Security of 2020 and the Occupational Safety, Health and Working Conditions Code of 2020, were meant to rationalize 29 old labour laws by replacing them with new codes, as recommended in a 2002 report by the second National Commission of Labour set up in 1999. The objective was to simplify labour laws and make them effective—for the benefit of workers as well as employers.Reforming these laws has been part of the governance agenda of every successive government since 1991, when India's economy underwent broad reforms in various other domains. Given the multiplicity of labour laws enacted since independence, the idea of revising them was also to make them enforceable (or justiciable) and reflect the contemporary reality of changing labour relations. The four labour codes may be a step in that direction, but their effectiveness would critically depend on their enforcement on the ground.

MÁS HISTORIAS DE Mint Ahmedabad

Mint Ahmedabad

Mint Ahmedabad

Don't count on Fed rate cuts to reduce long-term bond yields

Trying to force them down will cause more problems than it solves

time to read

3 mins

December 18, 2025

Mint Ahmedabad

MUFG eyes 20% in Shriram Fin for $5 bn

Shriram Finance's board will also mull fundraising routes such as a rights issue, preferential allotment or QIP

time to read

2 mins

December 18, 2025

Mint Ahmedabad

Mint Ahmedabad

Mind the gaps: Why India's GDP measurement requires a reset

Next year's base revision offers us a chance to improve data accuracy and five reform measures should help achieve that goal

time to read

4 mins

December 18, 2025

Mint Ahmedabad

Mint Ahmedabad

Punjab plans EV sops in new industrial policy as states compete for capital

The electric vehicles (EV) sector is expected to take centre stage in Punjab, as the state lines up an expanded package of incentives to attract fresh investments under the new industrial policy that is likely to be launched in January.

time to read

2 mins

December 18, 2025

Mint Ahmedabad

Mint Ahmedabad

TCS AI revenue at $1.5 bn, $11 bn from new-age services

than just a new technology.

time to read

1 mins

December 18, 2025

Mint Ahmedabad

Bill to let pvt cos into N-Power gets LS nod

The Lok Sabha on Wednesday passed the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (Shanti) Bill, 2025, to open up nuclear power generation to private players.

time to read

1 min

December 18, 2025

Mint Ahmedabad

Fall in premium not the only growth pill for health insurers

Industry still grapples with issues such as high medical inflation and inadequate coverage

time to read

3 mins

December 18, 2025

Mint Ahmedabad

Mint Ahmedabad

Spooked by AI and layoffs, white-collar workers see their security slip away

Office workers are filled with anxiety.

time to read

5 mins

December 18, 2025

Mint Ahmedabad

Big Tech is taking over much more than just our minds

Denmark has cancelled Christmas-or Christmas cards at any rate.

time to read

3 mins

December 18, 2025

Mint Ahmedabad

'Rising MF firepower softens impact of FII outflows'

There was a time when heavy foreign investor selling could rattle Indian equity markets.

time to read

2 mins

December 18, 2025

Listen

Translate

Share

-
+

Change font size