The Code On Social Security 2020: Addressing The Key Changes And Their Impact

To reform the archaic labour and employment law legislations pertaining to social security, the Central Government has enacted the Code on Social Security, 2020 ("Code") with an aim to extend the social security benefits to maximum workforce working in either the organized or the unorganized sectors.

The Code has repealed the following 9 (nine) major labour law legislations: (i) The Employee's Compensation Act, 1923; (ii) The Employees' State Insurance Act, 1948; (iii) The Employees' Provident Funds and Miscellaneous Provisions Act, 1952; (iv) The Employment Exchanges (Compulsory Notification of Vacancies) Act, 1959; (v) The Maternity Benefit Act, 1961; (vi) The Payment of Gratuity Act, 1972; (vii) The Cine-Workers Welfare Fund Act, 1981; (viii) The Building and Other Construction Workers' Welfare Cess Act, 1996; and (ix) The Unorganized Workers' Social Security Act, 2008.