Recently Minister of Labour and employment had introduced the wage code bill 2017 in Lok Sabha...........

Economic Affairs Employment related Issues

Recently, Minister of Labour and employment had introduced the wage code bill 2017 in Lok Sabha on the line of the recommendations of 2nd National Commission on Labour. Which of the following is/are its features?

It seeks to consolidate laws relating to wage
The Code will apply to any industry, trade, business, manufacturing or occupation including government establishments.
A concept of statutory National Minimum Wage for different social aspects has been introduced

1 and 2

2 and 3

1 only

2 only

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Explanation:

Highlights of the Bill

It seeks to consolidate laws relating to wages by replacing: The Payment of Wages Act, 1936, The Minimum Wages Act, 1948, The Payment of Bonus Act, 1965, and the Equal Remuneration Act, 1976.
The Code will apply to any industry, trade, business, manufacturing or occupation including government establishments.
A concept of statutory National Minimum Wage for different geographical areas has been introduced. It will ensure that no State Government fixes the minimum wage below the National Minimum Wages for that particular area as notified by the Central Government.
At present, the provisions of the Minimum Wages Act and the Payment of Wages Act are restricted to the Scheduled Employments/Establishments.