The Union Cabinet approved the fourth labour code – the Code on Social Security Bill 2019 on Wednesday. The bill seeks to consolidate the laws relating to social security of workers and subsume eight central laws. Last month, the Cabinet had approved Industrial Relations Code Bill, 2019 (third code), which was later introduced in the Lok Sabha. The Code on Wage (first code) has already been approved by Parliament. The Code on occupational safety, health and working conditions (second code) has already been introduced in the Lok Sabha and later sent to a standing committee for review. This would be pushed for passage in the Budget Session after the committee’s report submission in the House. The Social Security Code will subsume 8 Central Labour Acts namely Employees Compensation Act, 1923, Employees‘ State Insurance Act, 1948, Employees Provident Funds and Miscellaneous Provisions Act, 1952, Maternity Benefit Act, 1961, Payment of Gratuity Act, 1972, Cine Workers Welfare Fund Act, 1981, Building and Other Construction Workers Cess Act, 1996, Unorganized Workers Social Security Act, 2008.
Categories: POINT IAS