graph LR
A[Labour]--> B[Key Definitions] A --> C[PLFS] A --> D[4 Labour Codes] A --> E[VB-GRAM-G]
📊 Key Definitions
Term
Formula/Meaning
Labour Force
Working + Seeking work (unemployed)
LFPR
Labour Force / Working Age Population × 100
Unemployment Rate
Unemployed / Labour Force × 100
WPR
Employed / Total Population × 100
PLFS
By NSO, MoSPI. Launched 2017.
3 Approaches to Measure Unemployment
Current Daily Status — activity on each day of reference week
Current Weekly Status — activity during preceding week
Usual Status — majority activity of the year
📋 4 Labour Codes (Effective November 2025)
graph TD
LC[4 Labour Codes<br>Concurrent List]--> W[Code on Wages] LC --> IR[Code on Industrial Relations] LC --> SS[Code on Social Security] LC --> OSH[Code on OSH & WC]
Code
Key Provisions
Wages
Minimum wages extended to ALL workers (organised + unorganised). Equal pay for equal work. Floor wage by Centre.
Industrial Relations
Lay-off threshold: 100 → 300 workers. Re-Skilling Fund (15 days' wages). Trade Union with 51% membership = sole Negotiating Union. WFH permitted in services.
Social Security
Extended to gig & platform workers (first time). Aggregators contribute 1-2% of turnover to social security fund. Gratuity after 1 year.
OSH&WC
Mandatory appointment letters for all. Women allowed night shifts with consent. Working hours capped at 8 hrs/day.
Last-Minute Recall Strip:
PLFS by NSO (2017) | Labour = Concurrent List | 4 Codes effective Nov 2025 | Lay-off threshold 300 | Gig workers covered first time | Gratuity 1 year | WFH permitted | Night shifts for women with consent | VB-GRAM-G 125 days | Cost 60:40 | 4 priorities | Re-Skilling Fund 15 days
