Labour Codes Operational by 2026 Amidst Union Strike Threat, EPFO 3.0 Planned

• Four Labour Codes, consolidating 29 laws, will be fully operational by 2026 with rules ensuring minimum wage and universal social security for all workers.
• EPFO 3.0 version is planned for 2026 to ensure speedy provident fund withdrawals, pension fixation under EPS 1995, and insurance claims under EDLI 1976.
• Union Labour Minister Mansukh Mandaviya stated 2025 was transformative, with codes effective from Nov 21, 2025, aiming for a modern, formal, and inclusive labour market.
• Government initiatives include Pradhan Mantri Viksit Bharat Rozgar Yojana (Rs 1 lakh crore for 3.5 crore jobs) and expanded social protection coverage from 19% to 64%.
• Central Trade Unions oppose the codes as "anti-worker" and plan a general strike on February 12, 2026, demanding their repeal, with ratification on Jan 9, 2026.

Why It Matters: India's labour reforms advance with new codes by 2026, facing strong opposition from trade unions.