Consider the following statements regarding The Code on wages Bill 2017 1 It will introduce the conc...........

Social Issues Social Justice and Social Security

Download Solution PDF

Consider the following statements regarding The Code on wages Bill, 2017

1.It will introduce the concept of statutory National Minimum Wage for different geographical areas.

2.It subsumes all existing Labor Laws.

Which of the given statements is/are correct?

1 only

2 only

Both 1 and 2

Neither 1 nor 2

छोटे Courses बड़े Results

Master Social Justice and Social Security

Prepare through Micro-courses

Try Now

Explanation:

1 only

The Code on Wages Bill, 2017, indeed introduces the concept of statutory National Minimum Wage for different geographical areas. This statement is correct.

However, the bill does not subsume all existing labor laws. It specifically consolidates and codifies four existing labor laws related to wages and bonus, but it does not subsume all labor laws. Therefore, statement 2 is incorrect.