Business

Cabinet approves 4th labour code on social security

PTI

Union Environment Minister Prakash Javadekar on Wednesday said Union Cabinet has approved fourth labour code — the Code on Social Security Bill 2019.

The Bill seeks to consolidate the laws relating to social security of workers and subsume eight Central laws. “In a major labour reform, this social security code is approved  by the Cabinet today. This is fourth labour code,” Javadekar told reporters in a briefing on Cabinet decisions on Wednesday.