The Social Security Code, the Occupational Safety, Health and Working Conditions Code and the Industrial Relations Code were recently passed by Parliament and received presidential assent. The three new labour codes have been enacted in the pursuit of abridging, rationalising and consolidating central and state labour laws and improving India's position in the global 'ease of doing business' index. The three new codes mark the ushering in of a new employment and labour law regime in India.
Overall, 2020 has proven to be a watershed year for employment and HR laws in India and 2021 will see many of these changes being formalised and implemented. Employers should actively start to review their contracts and policies to adapt to the updated regime at the earliest opportunity. This article highlights the most noteworthy workplace and HR developments.