CS Executive · Setting Up of Business, Industrial and Labour Laws · Constitution and Labour Laws
A compliance trainee at a Pune manufacturing firm classifies Indian labour laws by their main purpose. Which of the following laws is best classified as a law on social security, as opposed to laws on industrial relations or working conditions?
The law providing for provident fund, gratuity and maternity benefit is a social security law. Such laws protect workers against contingencies like old age, maternity and sickness, and are now consolidated in the Code on Social Security, 2020, unlike laws on strikes, safety or wages.
- ALaw dealing with strikes, lock-outs and standing orders
- BLaw providing for provident fund, gratuity and maternity benefitCorrect
- CLaw fixing working hours, safety and welfare facilities
- DLaw dealing with bonus and minimum wage fixation
Explanation
Social security laws provide benefits against contingencies such as old age, maternity, sickness and employment injury. Provident fund, gratuity and maternity benefit are such benefits, now consolidated in the Code on Social Security, 2020. Strikes and lock-outs are industrial relations, hours and safety are working conditions, and bonus and minimum wages are wage matters.
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