<span style="color: #222222;">The Code on Social Security, 2019 was introduced in the Lok Sabha today. It aims at reducing the number of legislations on employees' welfare and social security from 44 to just four.<br />''<br />''Minister for Labour and Employment Santosh Kumar Gangwar told the House, the Code is meant for streamlining a plethora of existing labour laws. He said elaborate deliberations have been made before drafting it. He said the Code will do away with the complexities involved in social security with the existing regulations.<br />''<br />''Opposing its introduction, NK Premachandran of the RSP said the proposed legislation would curtail the existing privileges of the workers. Saugata Roy of the All India Trinamool Congress (AITC) said the Code has not been demanded by any of the Central Trade Unions. He expressed concern that linking social security schemes with the Insolvency and Bankruptcy Code would be detrimental to the interest of workers.</span><br />