Labour Ministry issues final Wage and Industrial Relations rules paving way for floor wages and reskilling

New bodies and rules could reshape wages and worker training

The Labour Ministry has notified final rules under the Code on Wages and the Industrial Relations Code. The move clears the path for setting floor wages across India and establishing a reskilling fund for workers. It also enables key appointments, including conciliation, certifying officers, and an appellate authority, to drive enforcement and dispute processes.