The Lok Sabha on Tuesday passed the Code on Wages, 2019, which will subsume four existing laws on labour wages - the Payment of Wages Act, 1936; the Minimum Wages Act, 1948; the Payment of Bonus Act, 1965, and the Equal Remuneration Act, 1976.As per the Code, the central government can fix floor wages, taking into account living standards of workers, based on the advice of the...