India has been trying to reform its labour laws for the past 18–20 years, to bring them in line with the present workplace ecosystems and allow for more uniformity across both the organised or unorganised sectors.
In a historical move, it is finally all set to replace 29 existing labour laws with the four new labour codes, dealing with ‘wages’, ‘social security’, ‘industrial relations’, and ‘occupationals safety’, with an objective to rationalise, consolidate and simplify complex labour legislations.
Industry experts say with the new labour codes, significant changes in organised and unorganised sectors are expected to overhaul workplaces by improving working conditions and revamping existing processes to achieve company outputs more sustainably.
People Matters spoke to industry leaders on the revised provisions under the new labour codes that will have a major impact on the industry and its workforce, how they think these will improve the ease of business and what measures are the organisations taking to align practices to the new laws.