The Rajya Sabha on Wednesday passed three Labour Code Bills for the welfare and protection of the workers. These Bills were already passed in Lok Sabha on Tuesday.
The Labour Code bills which were passed in the Lok Sabha consolidate a total of 29 different existing labour laws under four labour codes.
The three bills - Code on Occupational Safety, Health and Working Conditions, Industrial Relations Code and Social Security Code, were passed by voice vote amid boycott by the opposition over suspension of eight members.
The Government claims that bills will bring in reforms to ensure easier compliance with labour standards worldwide. This, in turn, will help bring in foreign investment. The purpose of labour reforms is to provide a transparent system to suit the changed business environment."
