Explanation:

• It removes the multiplicity of wage definitions, which can significantly reduce litigation as well as compliance cost for employers.
• It links minimum wage across the country to the skills of the employee and the place of employment.
• It seeks to universalizes the provisions of minimum wages and timely payment of wages to all employees irrespective of the sector and wage ceiling.
• It seeks to ensure "Right to Sustenance" for every worker and intends to increase the legislative protection of minimum wage.
• It subsumes the following four labour laws: The Payment of Wages Act, 1936, The Minimum Wages Act, 1948, The Payment of Bonus Act, 1965 and The Equal Remuneration Act, 1976. Hence all statements are correct.