New Delhi, Jan. 31 -- The Economic Survey 2024-25 on Friday highlights the significance of the four labour codes enacted by Parliament in strengthening workers' rights. These codes aim to simplify and rationalize the 29 existing central laws around labour and employment.

These codes, namely the Code on Wages, 2019, the Code on Social Security, 2020, the Industrial Relations Code, 2020, and the Occupational Safety, Health, and Working Conditions Code, 2020, will play a vital role in enhancing workers' rights. They are set to extend protection to unorganized workers, including those in the gig economy, and provide for timely payment of wages, social security, occupational safety, and healthcare benefits.

"Labour regulations play a signifi...