new delhi the labour ministry is likely to push the code on wages bill for passage in the monsoon session of parliament beginning next month the code would ensure universal minimum wage for all industries and workers it will also cover those workers who are getting monthly pay of higher than rs 18000 at present laws on wages do not cover workers getting monthly wage of more than rs 18000 we are aiming for that replied labour secretary m sathiyavathy when asked whether the code on wages bill would be pushed for passage in the forthcoming session of parliament next month the ministerial panel on labour issues headed by finance minister arun jaitley has already approved the code on wages the ministry is in the process of getting the draft law approved from the union cabinet after vetting by the law ministry the code on wages bill seeks to empower the centre to set a minimum wage across sectors and states will have to maintain that however states will be able to provide for higher minimum wage in their jurisdiction than fixed by the central government besides the minimum wage would be applicable on all classes of workers at present it is applicable for scheduled industries or establishments in the law similarly the universal minimum wage would be applicable for all workers irrespective of their pay at present the minimum wage rates fixed by the centre and states are applicable to workers getting up to rs 18000 monthly pay the proposed code on wages will subsume the minimum wages act of 1948 the payment of wages act of 1936 the payment of bonus act of 1965 and the equal remuneration act of 1976 also read how automation is going to affect jobs in pharma coreauto and consumer sector the labour ministry is in the process of condensing 44 labour laws into four codes wages industrial relations social security and safety health and working conditions the ministerial panel headed by jaitley is also deliberating upon the code on industrial relations which will subsume industrial disputes act 1947 the trade unions act 1926 and the industrial employment standing orders act 1946 on the code on industrial relations sathiyavathy said we have to give one more presentation to the group of ministers we have to get time for that from finance ministry pti published on jun 18 2017 at 0454 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app wage bill arun jaitley monsoon finance minister