Benefits of Labour Codes: UPSC Daily Important Topic | 22 August 2022

Benefits of Labour Codes

✓Simplification of the Complex laws: The Labour Codes simplify labour laws by consolidating 29 central laws that have been on the table for at least 17 years.

It will provide a big boost to industry & employment and will reduce multiplicity of definition and authority for businesses.

✓Easier Dispute Resolution: The codes simplify archaic labour laws and revamp adjudication processes, which will lead to quicker dispute resolution.

✓Ease of Doing Business: Several economists and industry experts say these reforms will boost investment and make doing business easier.

They predict that these reforms will reduce internal contradictions, increase flexibility, and modernise safety and working conditions regulations.

✓Gender Parity: All sectors must

 allow women to work at night, but employers must ensure that security arrangements are made for them, and women must consent before working at night.