New Delhi, Dec. 31 -- More than a month after the new labour codes came into effect, the Union ministry of labour and employment has released draft rules that outline how minimum wages, gratuity and social security will be guaranteed to over 400 million workers.

Mint first reported that the Centre and states are at various stages of rolling out rules under India's four new labour codes. On 21 November, the Centre released the labour codes, consolidating 29 existing labour laws into four codes -- Code on Wages, 2019, Industrial Relations Code, 2020, Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020.

The definition of wages and the new formula to calculate gratuity have come into force on ...