The Indian Council of Industrial Management (ICIM) today announced its formal welcome and support to the Government of India’s landmark implementation of the Four Labour Codes-the Code on Wages 2019, Industrial Relations Code 2020, Code on Social Security 2020, and the Occupational Safety, Health and Working Conditions (OSHWC) Code 2020-effective from 21 November 2025. These reforms mark one of the most significant transformations in India’s labour governance framework since Independence.

One of the most forward-looking provisions introduced under these new Labour Codes is the Statutory Recognition of Fixed Term Employment (FTE), a model that brings legal clarity, uniformity, and flexibility for both employers and employees across India.