MINIMUM WAGE

CII also suggested that the government may use a part of the Rs 2.11 lakh crore RBI dividend to boost capital spending by 25 per cent in FY25. This will help to maintain the upward trajectory of public capex and crowd-in-private capex by reinvigorat...

Companies like Adani Wilmar, Emami Agrotech, and Sunvin Group said while disruption in soyabean oil supplies from Argentina and Brazil is driving prices higher, mustard oil prices have risen as National Agricultural Cooperative Marketing Federation ...

The Congress has promised to launch a Mahalakshmi Scheme to provide Rs 1 lakh per year to every poor Indian family as unconditional cash transfer, and write off student loans, if voted to power. It also wants to guarantee a national minimum wage of ...

A high-level expert panel on floor wages in India is set to re-examine the wage rates finalised earlier, considering minimum wages notified by all states across three categories. The panel, led by SP Mukherjee, will hold its final meeting on May 27 ...

The Congress has reiterated its 'Shramik Nyay' guarantees for labourers, including a national minimum wage of Rs 400 per day. Congress general secretary Jairam Ramesh criticized the BJP's '400 paar' slogan, which aims to change the Constitution. The...

The government's decision to devalue the currency by over 50 per cent within a year and eliminate subsidies as part of the latest instalment of the International Monetary Fund bailout package has exacerbated the nation's cost-of-living crisis.

Considered a stronghold of the BJP, Raju Bista, originally from Manipur, is the BJP candidate contesting for a second time. This time, there is a three-cornered fight –– Trinamool candidate Gopal Lama, a former bureaucrat and son of the soil is pitt...

Darjeeling's political landscape is unique, with hill-based parties that switch support between Trinamool and BJP. As the region gears up for the second round of Lok Sabha elections, issues like Gorkhaland statehood and minimum wages for tea garden ...

The government is contemplating enhancing the wage ceiling under the Employees' Provident Fund Organisation (EPFO) to at least ₹21,000 from ₹15,000 now to widen the social security coverage, a step towards achieving universal social security.

India transitioning to living wages with ILO, affecting labor costs. Disparities in pay among different worker types. Global minimum wage increases noted. Italy resists implementing minimum wage. Challenges anticipated for MSMEs, SMEs, and gig worke...

India is planning to replace its minimum wage system with a living wage by 2025, seeking assistance from the International Labour Organization (ILO) to develop a framework for estimating and implementing it. The move aims to lift millions out of pov...

Living wages – a minimum income necessary for a worker to meet their basic needs, factoring in key social expenditure by an individual such as housing, food, healthcare, education and clothing – were endorsed by the ILO earlier this month. These wou...

The Centre determines wages under the flagship scheme under sub-section (1) of section 6 of the Mahatma Gandhi National Rural Employment Guarantee Act, 2005, which says the Central government may, by notification, specify the wage rate for its benef...

Just before the Election Commission announced the Lok Sabha poll schedule, the Congress party unveiled a new set of pre-poll promises. These include legislation to increase the reservation cap for SC, ST, and OBC communities, raising the minimum wag...

While the minimum wage for unskilled workers has been increased from Rs 352 to Rs 450, it has been hiked from Rs 392 to Rs 500 for semi-skilled workers. Skilled workers will get Rs 550 instead of Rs 442, while the minimum wage for highly skilled lab...

Starting February 28th, Immigration New Zealand (INZ) is raising wage thresholds for most work visas to reflect the latest median wage increase, indicating growing demand for skilled individuals. The Accredited Employer Work Visa (AEWV) remains at i...

An expert committee headed by SP Mukherjee, set up in 2021 for a period of three years till June 2024, is expected to submit its report soon, and the new floor wage could be notified ahead of the elections likely to be held during April-May, officia...

Union Budget 2024:The Labour Bureau, under the ministry of labour and employment, has conducted an all-India domestic workers' survey and is in the process of finalising it. The government will work on cost implications after examining the data and ...

Drivers will earn a minimum income 9 euros ($9.85) per trip, up from 7.65 euros they were earning previously, and will have a guaranteed income of 30 euros per hour and 1 euro per kilometer.