What are India's four new Labour Codes?

The four codes are the Code on Wages, the Industrial Relations Code, the Code on Social Security, and the Occupational Safety, Health & Working Conditions (OSHWC) Code.

What is the primary objective behind these Labour Codes?

The main objective is to simplify India's fragmented labour law framework, ensure minimum wage and social security for more workers, improve ease of doing business for employers, and modernize industrial relations.

How will the new codes impact workers?

Workers are expected to benefit from universal minimum wage, enhanced social security coverage, clearer employment terms, and improved occupational safety standards, though some aspects have generated debate.

What impact do these codes have on employers and businesses?

Employers anticipate streamlined compliance, reduced regulatory burdens, and greater flexibility in hiring and firing, aiming to boost ease of doing business and attract investment.

When are India's new Labour Codes expected to be implemented?

Although enacted, their implementation is pending as states finalize their respective rules. A definitive nationwide implementation date is yet to be announced, but they are anticipated to come into force soon.