Minimum Wages India – Current Minimum Wage Rate India
Minimum Wages in India. Get Information on Current Minimum Wages and Minimum Wage Rate in All state of India. Fixation of current minimum wage act, enforcement of minimum wages.
Minimum Wages in India
In India, 422.6 (94%) million workers out of the total workforce of 457.5 million belong to the unorganised/informal sector. These workers contribute to more than 60 per cent to India’s GDP growth. Among other sectors, these workers work as farm labourers, landless labourers, factory workers and construction workers. Currently the number of scheduled employments in the Central government is 45, whereas in the state sphere the number is 1232.
The Minimum Wage Act, 1948 provides for fixation and enforcement of minimum wages in respect of schedule employments to prevent sweating or exploitation of labour through payment of low wages. The objective of the Act is to ensure a minimum subsistence wage for workers. The Act requires the appropriate government to fix minimum rates of wages in respect of employment specified in the schedule and review and revise the minimum rates of wages at intervals not exceeding five years.
With effect from November 2009 the National Floor Level Minimum Wage has been increased to Rs 100 from Rs 80 (in September 2007),. The National Minimum Floor Level Wage was Rs 66 in 2004, Rs. 45 in 1999, Rs. 40 in 1998 and Rs. 35 in 1996.
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(Revised Minimum Wages. w.e.f. date not available) Find out the current Minimum Wage rate in China and Russia Disclaimer : Minimum Wages have been provided by the Labour Departments of respective states. All efforts have been made to update the minimum wage data on a regular basis. However, there might be unforeseen errors.Data collected by Paycheck India. |
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