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৳1,500 (US$13) per month for all economic sectors not covered by industry-specific wages; in the garment industry the minimum wage raised to ৳8,000 (US$67) per month since 1 Dec 2018, [30] rising to ৳12,500 (US$106.40) per month on 1 Dec 2023. [31] The minimum wage is set nationally every five years by the National Minimum Wage Board in a ...
The Minimum Wages Act 1948 is an act of parliament concerning Indian labour law that sets the minimum wages that must be paid to skilled and unskilled workers.. The Indian Constitution has defined a 'living wage' that is the level of income for a worker which will ensure a basic standard of living including good health, dignity, comfort, education and provide for any contingency.
Other states like Delhi, Uttar Pradesh, and Maharashtra follow with salaries of ₹390,000 (US$4,700), ₹365,000 (US$4,400), and ₹340,000 (US$4,100) respectively. The lowest salaries for Chief Ministers are found in Nagaland and Tripura, with ₹110,000 (US$1,300) and ₹105,000 (US$1,300) respectively.
The Minimum Wages Act prescribes minimum wages in all enterprises, and in some cases those working at home per the schedule of the Act. Central and State Governments can and do revise minimum wages at their discretion. The minimum wage is further classified by nature of work, location and numerous other factors at the discretion of the government.
The Minimum Wages Act 1948 sets wages for the different economic sectors that it states it will cover. It leaves a large number of workers unregulated. Central and state governments have discretion to set wages according to kind of work and location, and they range between as much as ₹ 143 to 1120 per day for work in the so-called central ...
Increase in wage ceiling from ₹6,500 to ₹15,000 per month from 01 Sept 2014. Provision of a minimum pension of ₹1000 per month to the pensioners under EPS, 1995 from 01.09.2014 by providing additional budgetary support wherever the pension was falling short of ₹1000 as per pre-defined formula for calculation of pension.
11 May 2023 A 5 judge Constitutional Bench of the Supreme Court ruled on the issue of who controls the bureaucracy in the national capital. The bench, headed by Chief Justice of India DY Chandrachud , held that the legislature (Elected Government) has control over bureaucrats in administration of services and control over officers' transfer and ...
The scheme has resulted in an increase in the growth rate of wages when the initial pre and post NREGA years are considered. [112] As of 2019, the wages are less than the minimum wages in a majority of states and union territories. [113] Since 2009 wages stipulated under MGNREGA are disconnected from wages determined by the Minimum Wages Act. [106]