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NATIONAL MINIMUM WAGE (Recommendations of the Committee (Need to update…
NATIONAL MINIMUM WAGE
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Background
The Payment of Wages Act, 1936, and the Minimum Wages Act 1948, sought to provide protection and ensure better working conditions for low-paid workers
absence of criteria in the Minimum Wages Act to determine minimum wages has been addressed by Indian Labour Conference and SC recommendations
In 2017, Code on Wages Bill, provided for bringing in a statutory National Minimum Wage. In this regard, this expert committee was tasked to determine the methodology for the same
Why in News?
Expert Committee under the Chairmanship of Dr. Anoop Satpathy has brought out a timely technical Report on “Determining the Methodology for the Fixation of the National Minimum Wage (NMW)”.
A uniform national minimum wage of Rs 9,750 per month or region-wise minimum wages ranging from Rs 8,892-Rs 11,622 per month for five regions (as of July 2018) has been recommended
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