National Floor Level Minimum Wage India 2015

The central government has fixed the national floor level minimum wage at rs 160 00 per day with effect from 1 july 2015.

National floor level minimum wage india 2015. The new rates came into effect from june 1 2017. 4 628 monthly which is one fourth of accepted norms in contradiction to labour conference recommendations and supreme court guidelines. I ndustrial workers and employees in sectors including plantations and services could benefit from the said wage hike if the states follow the revised national wage floor. With effect from november 2009 the national floor level of minimum wage nflmw was increased to revised from rs 100 day 2007 to rs 137 day.

The new rate will come into effect from july 1 2015. A national floor level minimum wage will be set by the centre to be revised every five years while states will fix minimum wages for their regions which cannot be lower than the floor wage. Survey for national minimum wage linked to geographic region or skill 05 jul 2019 08 28 am ist the central government should notify a national floor minimum wage that can vary broadly across five geographical regions the survey said. Minimum wages in india is expected to reach 178 00 inr day by the end of 2020 according to trading economics global macro models and analysts expectations.

National floor level minimum wages rs 176 per day. Background there is disparity in rates of minimum wages in various regions of the country. Government to fix minimum wage rate. The center has raised the national floor level minimum wages nflmw to rs 160 per day from rs 137.

In the long term the india national floor level minimum wage is projected to trend around 178 00 inr day in 2021 and 190 00 inr day in 2022 according to our econometric models. Increasing national minimum wage. In order to have a uniform wage structure and to reduce the disparity in minimum wages across the country a concept of national floor level minimum wage nflmw was mooted by the ministry of labour and employment which has been revised at indian rs 100 just over us 2 per day with effect from 1st november 2009. The minister announced a national floor level minimum daily wage of rs.

1078 shri ritabrata banerjee will the minister of labour and employment be pleased to state a whether government is planning to increase the national. The current floor wage which was fixed in 2017 is at rs 176 a day but some states have minimum wages lower than it such as andhra pradesh rs 69 and. Government of india ministry of labour and employment rajya sabha question no 1078 answered on 27 11 2019. National floor level minimum wage has been revised again to rs 176 day.