This will increase social security contribution and benefits, which will lead to higher provident fund (PF) accumulation, pension, and gratuity, thus enhancing long-term social security. By extending gratuity coverage, the labour codes convert short-term employment into a mechanism for asset creation and income security. Earlier labour laws were outdatedDespite these advances, sections of trade unions continue to oppose the labour codes, often portraying them as anti-worker reforms. India’s labour codes should be understood not merely as regulatory restructuring but as a structural intervention aimed at greater financial inclusion. The true success of the labour codes will lie not in resistance or rhetoric, but in ensuring their effective implementation so that every worker becomes an active participant in India’s growth story.

Source: The Hindu February 14, 2026 09:23 UTC