The Implications Of New Labour Codes For Precarious Employment: An Analytical Study.

This paper will do An Analytical study of New Labour Codes with respective old Labour laws and its Implications for precarious Employment. This paper begins with a brief history of Labour laws in India as well as the introduction and rise of precarious employment and its growing significance in India. Precarious employment involving temporary, part-time, contract and gig work has significantly increased in recent decades. New Labour reforms are driven by globalization, changing Economic realities and technological advancement have aimed to increase Labour market flexibility often at the expense of worker protection. This study will analyze the impact of these reforms on the important aspects of precarious employment including job security, wage benefits and social security. The debate on Labour Market regulation is highly disunited in India. Patrons of Labour market deregulation argue that the existing Labour laws framework gives excessive power to workers and trade unions resulting in industrial conflict and poor productivity. This paper will analyze the veracity of these claims using comparative analysis of new Labour Codes and the existing laws.