TNPSC Current Affairs February 2017, 7

Parliament passes payment of wages (Amendment bill).

The Lok Sabha has passed the payment of wages (Amendment) Bill, 2017 which enables employers to pay wages through digital payment or through cheque. The bill will now move to Rajya Sabha for its clearance.

The bill is moved by Bandaru Battreya , Minister of labour and Employment, which will replace the ordinance promulgated by President Pranab Mukherjee on Dec 2016.

About the Bill:

Under the payment of wages Act 1936, employer can pay wages either by cheque or by bank transfers only after written authorization from employee.

After passing the current bill, it will replace the older act under the payment of wages act 1936 and allow employer to pay the wages by cheque or bank transfer even without employee’s approval. This bill helps to curb the exploitation of employee by their employers.

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