Big news for India’s workforce! The central government just dropped four new Labour Codes, streamlining a whopping 29 existing laws. Think of it as a massive system upgrade, bringing our labour regulations into the 21st century.
What does this mean for you? A lot, actually. These reforms aren’t just about tidying things up; they’re about expanding benefits to a wider range of workers. Whether you’re on a fixed-term contract, a gig worker hustling on a platform, or a woman looking for equal pay and more opportunities, these changes aim to have your back. A national floor wage is also in the works, promising a safety net for everyone.
For businesses, especially those in the tech space, these new codes mean simpler compliance. Less red tape, more focus on innovation – that’s the idea.
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This is a game-changer for India’s economy, and we’re excited to see how it unfolds. Stay tuned for more updates!
Source: Labour Law Reporter
Link: [https://labourlawreporter.com/](https://labourlawreporter.com/)