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The Code on Wages Bill was introduced in the Lok Sabha on 10 August 2017 by the Minister of State for Labour and Employment (Independent Charge), Santosh Gangwar. The bill was referred to a Parliamentary Standing Committee on 21 August 2017. The Committee submitted its report on 18 December 2018. [2]
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.
Indian labour law refers to law regulating labour in India. Traditionally, the Indian government at the federal and state levels has sought to ensure a high degree of protection for workers, but in practice, this differs due to the form of government and because labour is a subject in the concurrent list of the Indian Constitution.
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 wage ranges between ₹ 143 to ₹ 1120 per day for work in the so-called central sphere. State governments have their ...
As of January 3, 2022, effective state minimum wage rates range from US$7.25 to US$15.00 per hour, with an average of about $12.00 across all minimum wage workers as of 2019. [ 244 ] [ 245 ] [ 246 ] Local government minimum wages exist as well, the highest of which reach to $17.13 per hour.
Minimum wage rates vary greatly across many different jurisdictions, not only in setting a particular amount of money—for example $7.25 per hour ($14,500 per year) under certain US state laws (or $2.13 for employees who receive tips, which is known as the tipped minimum wage), $16.28 per hour in the U.S. state of Washington, [29] or £11.44 ...
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As a result, the minimum wage was raised by 10% to Rs. 169 per day as part of the 2014 programs. Even though the rise was not significant, it greatly increased the motivation of low-income rural workers, encouraging them to enter the labor field. [7] Wage payments face delays, in some cases up to 200 days. [119]