4-day work-week, reduced in-hand salary, higher PF: New Wage Code likely in FY 2022-23
Since labour is a concurrent subject, the Centre wants the states to implement these as well in one go.
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Since labour is a concurrent subject, the Centre wants the states to implement these as well in one go.
India's new labour codes: 4-day work-week, change in salary; likely from FY 2022-23
The four labour codes on wages are likely to be implemented by the next fiscal year as at least 13 states have pre-published draft rules on these laws.
The government’s top-down, ad-hoc monolithic command style has spelt constant trouble for all stakeholders.
Pending notification on the effective date of the labor codes, it remains to be seen whether the lacunae in rights between worker and employee classes of employed individuals are bridged using legislative tools or are treated as purposeful legislative discretions.