The Ministry of Labour and Employment in India has officially notified the final rules for the Code on Wages and the Industrial Relations Code, effective immediately. These codes, originally notified in November 2025, will establish statutory floor wages that will be periodically revised to reflect living costs. Additionally, the Industrial Relations Code will facilitate the creation of a reskilling fund for workers. The rules predominantly apply to sectors where the central government is the 'appropriate government,' including telecom, banking, and major ports. Furthermore, the ministry has issued model standing orders for various sectors, which will serve as a baseline template for classifying workers and outlining service conditions. However, the effectiveness of these rules will depend on how closely state regulations align with the central framework, as discrepancies could complicate compliance for organizations operating in multiple states.