Minister of Labour and Employment Santosh Kumar Gangwar has said that the new Labour Codes will promote harmonious industrial relations, higher productivity and more employment generation.<br />'' <br />''Addressing the webinar '86th Annual General Meeting of AIOE, allied body of FICCI', on Monday, Mr  Gangwar said, the labour codes will establish a transparent, answerable and simple mechanism along with one registration, one license and less return filing for all the Codes.<br />'' <br />''He said, the  government has taken several steps through Labour Codes to help the workforce and take care of their well-being.<br />'' <br />''The Minister said, the government has been constantly striving to bring in the much-needed labour reforms in the country for the first time in last 73 years.<br />'' <br />''He said, in last six years many extensive consultations were held with all stakeholders including the employers, trade unions and experts before finalizing these Codes.<br />'' <br />''Highlighting the benefits of the new Labour Codes, Mr Gangwar said that these will cover over 50 crore workers from organized, unorganized sector for minimum wages and social security.<br />'' <br />''He said, fixed term employment has been introduced and fixed term employee will get same service conditions as regular employees.<br />