The Big Picture - Code On Wages Bill

[@rishabhbansal4986]

Labour Codes Recent Developments :- - Union Cabinet approved bill to codify the existing laws to increase legislative protection on minimum wages to entire work force. - Economic Survey 2018-19 also suggested deregulation of labour laws to create more jobs in country. - The economic survey shows that those states which were rigid in respect to labour laws have not only suffered in all dimensions but also been unable to create enough employment. - Firms that over time grow large are significant contributor to employment. Hence more focus should be given on these rather than on firms which remain slow despite their age. - This codify labour laws will benefit over 50 crores workers. 32 central labour laws to sync together. How to ensure compliance of labour laws to make it easier? - All distinct codes are put in four categories. - Earlier the bill didn't pass due to dissolution of the 16th Lok Sabha so it was lapsed. - This is to ensure national minimum wages throughout the country. - The 4 laws to be compiled are - • Payment of wages Act • Minimum wages Act • Payment of Bonus Act • Equal Enumeration Act - Labour laws is the subject of concurrent list. Both centre and state can make laws. - It will ensure that there is no discrimination done when comes on wages and bonus will be applicable on all employees. How important is to have minimum wages? - To ensure India touch its ambitious mark of $5 trillion economy labour reforms are mandatory. - According to report of World Bank, India has also improved its ranking which is a positive sign. - Currently minimum wages is determined by the state and can differ from state to state and can be different for different occupation. - Minimum wages set by the central will provide common floor to everyone, not below this benchmark can a state determine its wage policy. - Conflicts can arise between central and state. The proposed bill do not have any discretion whether the state can go below the minimum wage. - Labour commission recommend some steps in 2002 which will be seen in the light with the enactment of the bill. - Inflexibility to adapt current economic situations. How will MSME cope up with new laws? - Any legislation requires lots of discussion and debate. - Convencing trade unions is an ongoing event. - Industry wants the minimum wages to be low while the trade unions wants it to be higher. - Since the subject is in the concurrent list various states have amended various laws to meet its demands in states. Challenges :- • Implementation and compliance could be a huge challenge. • Short term problems may arise but it should ensure smooth functioning in the long term goals. • Political problem is another issue in framing this law. Way Forward:- ✓ It is a much required step for formalising the economy. ✓ Debates should be there in both the houses of parliament to address the issues. ✓ Gender issue should also be addressed. ✓ It is a continuation step of the NDA government to codify the labour laws. ✓ With such enactment it will ensure to the country to achieve its pioneering rank in Ease of doing business in country.

[@rohitchandera936]

Thankyu bhai👌🏻

[@pankajnimbolkar]

Bhai good job. Please continue

[@satishkhiratkar1629]

Continue brother it will helpful to all the aspirants...you are doing well 👍 👍 👌

[@artycrafty5912]

Thanku soo much 😄

[@rahulshinde2429]

Good job bruh

[@shashiketan]

Codes of wages bill 2019 - Codify relevant provisions of four existing laws and intends to increase the legislative protection of minimum wage to the entire workforce . - proposes to simplify 32 central labour laws into four codes to bring them in sync. - Seeks to subsume relevant provisions of The Minimum Wages Act, 1948, Payment of Wages Act 1936, Payment of Bonus Act Act, 1965 and Equal Remuneration Act 1976 Benefits: - Facilitate easier compliance by establishments: Currently factories have to do a lot of paperwork to maintain when they have certain workforce. - Promote ease of living - Labor welfare & wage. - Social security of workers. National minimum wage: - Centre will enact legislation & determine a national minimum wage after which states can ratify and increase the minimum wage if required in their states. - No discrimination with respect to gender. - Bonus applicable to all workers from 8.33 - 20% - It will cover 50 Cr people - 92% people in informal sector - will help in formalisation of economy Challenges: - Conflict between facilitating officers & earlier appointed authorities. - State & Centre conflict - Labour laws in concurrent list. - Minimum wage will vary from state to state - Competitiveness among states. - Rationale in determining the minimum wage. - States can increase the minimum wage over nationally decided minimum wage but if they can reduce it if economy doesn't in few years. Way Forward: - Discussions & deliberations. in both houses & parliamentary standing committee. - Consensus building with labour unions & industries. - Scientific criteria need to be looked at in order to determine a national minimum wage. With our country aiming for $5 trillion economy, a simplified wage regime is the basement on which economy can grow fast. The labor laws reform is a very welcome step in the right direction.

[@Kritika1-_-1]

Thanks for adding more points than said....👍

[@babansingh7137]

Are you attempting UPSC mains answer here🤩 Anyways nice content

[@adeitykaushik4832]

Mindmap Labour codes Introduction * First found reference during 1991 reforms * Purpose-Compliance, ease of living, wage, social security * First in series of four labour codes * To Subsume all labour reforms of 1948, 1936,1965, 1976 (44 legislation’s)- payment act, min wages act, bonus act, equal renumeration act Importance * First step towards formalisation * National minimum wage (1700 categories of employment) * Labour - concurrent list, separate state min wage not less than national minimum wage * No discrimination in relation to wages on basis of gender etc * Below threshold entitlement of 8.33% upto 20% Critical analysis ( is it step in the right direction) * $ 5 trillion economy and $ 10 trillion dollar by 2032 * Factor reforms( labour and land) * 2000 different min wages to be rationalised * 76 to 50 rank aspiration for ease of doing business - ease of compliance through this code * Labour rights Labour codes & Impact on labour force * Min wage. Is determined at state. Level currently and differ from state to state ( diff cost of living) * Point to ponder-In case of economy slows down how to determine changes in fixed wages Impact on Centre-state relations( federalism) * Concurrent list subject * 50 cr. Coverage * 92% under unorganised sector * State govt. willingness Challenges * Inflexibility in adaption to current economic condition-5 year freeze on min labour wage set by centre-Even if centre reduces from rs 200 to rs 190 states will have to stick with previous 200 * Not much discussion on discrimination during recruitment * Obstacles in legislations-Example- Über- says drivers are not our employees * Difficulties for msme sector to cope up with the cost Difficulty in materialisation of labour reforms in the past * Consensus is necessary * Critical issue as belongs to a vulnerable section * Convincing trade unions is very important * Ensuring industry that codes are backed by scientific criteria * Balancing act between unions and industry (opposing aspirations) * State govts. Different def of Factory for diff states- 10 persons using mechanised tools. When a state amends a legislation it goes to prez for approval. Contract labour amendment by Maharashtra Political constraints * Controversial aspect- deciding the exact number of wage * 63 million enterprises in India. Only 22% fort all employment in India. * Question if it is a Job problem or wage problem * Convincing act Way Forward * Many controversial bills have been passed in previous Lok Sabha through consensus building * Both houses and standing committee * Recruitment issue should be addressed on similar lines with the gender issue Conclusion * Continuation of govt’s first term social security progs * Act as Basement for economy to grow faster * Benefits doing business thus is a welcome step * Hopefully with political consensus we can look forward to simplified wage regime

[@mahboobsubhan492]

If wages not paid on 1 St then fined/ depreciation salary to pay to worker

[@pradeeppatel-dh3rc]

जिन करोडों लोगों पर इस कानून का असर पडने वाला है उनको ये अंग्रेजी डिबेट समझ ही नहीं आनी है और आपको उनकी भाषा में इसे उपलब्ध कराना भी नहीं है ।

[@zekeyaeger3018]

Anyone noticed how Frank asked chakshu Roy about other 3 codes and he just bullshitted for 3 mins from 8:12 to 11:30 😂😂 He just literally read from his notes and didn't care what the question was at all lol. Great !! 😂

[@medepalliajaykumar]

I was waiting when he's gonna say about the other 3 codes

[@ankitsingh-gl7hj]

Modiji ki tarah...

[@ankitsingh-gl7hj]

other 3 codes : 1. Industrial Relation Code 2. Social Security Code 3. Occupational Safety, Health and Working Conditions Code.

[@WorkerVoice]

अब तो Bank के सिक्योरिटी गार्ड का नाम केयर टेकर बोलकर न्यूनतम वेतन से ही बाहर कर दिया गया😢

[@gayatrimudadla9923]

Thank you ..specially for Frank Rausan Pereira

[@dt00742]

i heard Chakshu Roy sir saying parliament increases maternity leaves from 6 weeks to 12 weeks @23:48 . but as far as my little knowledge , its increased from 12 weeks to 26 weeks .

[@upanidesh]

Banu's last point, before way forward, was really fantastic..

[@WorkerVoice]

वो सब तो ठीक हैं, पुरे देश के 50 करोड़ वर्कर के लिए लागू कैसे होगा. सरकार ने तो इंस्पेक्टर राज ख़तम कर दिया. हमारे पास लाखों मजदूरों के तरफ से सवाल हैं. कभी हम मजदूरों को भी बुलाइये और लेबर विभाग से वार्ता करवाइये.

[@sunilbaluni5333]

Hm, sound logical

[@tanyavatsa1428]

This particular panel didn’t seem very well informed about the topic. They should have mentioned the Anoop satpathy committee report on determination of national minimum wage. The discussion seemed way too generic

[@utsavthakur3187]

Excellent talk Keep making such shows All pannel member were outstanding

[@handsomeanirban666]

Nobody answered the question that was asked by Frank they said what they knew .

[@bymohit]

Gist- 4 कोड में 44 कानून -न्यूनतम वेतन (1700 श्रेणियों) का भुगतान। ~राज्य राष्ट्रीय स्तर पर तय न्यूनतम मजदूरी से ऊपर स्थापित करने के लिए स्वतंत्र हैं। ~ बोनस = 8.33% (निश्चित) यूनियन द्वारा निर्धारित सीमा से नीचे के सभी श्रमिकों के लिए। ~श्रम कानून = समवर्ती सूची ~92% मजदूर असंगठित क्षेत्र के अंतर्गत हैं। लेबर कमिशन 2002 #आज तक क्यों नहीं? राजनीतिक इच्छाशक्ति ट्रेड यूनियन का काफिला संतुलनकारी कार्य केंद्र बनाम राज्य (राज्य मजबूत) कारखान की व्याख्या आदि अस्पष्ट हैं #चुनौतियां? श्रम अधिकारी और शिकायत के लिए नए लोग। राजनीतिक समस्याओं केंद्र न्यूनतम वेतन को कम रखना चाहता है और मैजिक नंबर पर कैसे पहुंचे। # बहस - क्या हमें नौकरी की समस्या है या वेतन की समस्या है?

[@victorkumarsharma8857]

Center govt daily wagar ko kiya minimum milega sir

[@aksshaysharma96]

Why in depth has been discontinied?

[@princerao1735]

Thanks rstv.

[@suryanshsinghai4618]

Discussion was good but sometimes fellow speakers are diverted from their questions and did say what they want to irrespective of questions they were asked of..

[@waseemkar7787]

Good discussion

[@Rahulpriye]

please rs upload the video as soon as it gets done

[@shwetharao1338]

Plz also make vedio on how to india turn to 5 trillion dollar econemy and how to increase gdp of the country

[@neeleshkushwaha1173]

please add cc