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FLOOR WAGE RATES
Is your SIP giving FIIs an easy exit? AMFI CEO says mutual funds will actually lure them backForeign investors have withdrawn over $60 billion from Indian equities, prompting concerns that retail investors are funding their exits. H...
How a Noida-based apparel maker found its way into wardrobes worldwideCTA Apparels is embracing automation and vertical integration to enhance speed, transparency, and traceability. This shift positions them a...
Mahindra's SUV output dips up to 15% in June amid supply chain worker crunch; XUV 7XO, Thar production hitMahindra & Mahindra is experiencing a significant drop in SUV production. A shortage of contract workers is affecting key parts suppliers. ...
Employee fired after refusing to come in on their scheduled day off to cover an overtime shift, and their story instantly turned their boss into the villain of a viral workers' rights debateA man was fired for refusing mandatory overtime on his scheduled day off due to pre-existing family plans, despite notifying his manager an...
High minimum wages in India slows down formal job creation: FEDThe Foundation for Economic Development (FED), in its report released on Thursday, said workers should be allowed to freely negotiate their...
Noida workers stir: Unrest hastens search for national floor wage rateThe move comes in the backdrop of the recent unrest in the NCR with factory workers demanding higher wages after the implementation of the ...
Panel to relook at floor wage rates, prepare a road mapA high-level expert panel on floor wages in India is set to re-examine the wage rates finalised earlier, considering minimum wages notified...
Minimum wages may be hiked before pollsAn 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 soo...
Revised wage rate index likely next month; base year to be 2019Wage rate under the index is the sum of basic wage and dearness allowance in respect of workers who receive both these components while for...
Government forms expert group to provide recommendations on fixation of minimum wagesThe expert group will be chaired by professor Ajit Mishra, director, Institute of Economic Growth and will have five members including DPS ...
Central Advisory Board to kick-start work on national floor level minimum wageThe Code on Wages prescribes for a statutory floor level minimum wage for the country. The intent is to roll out the four labour codes from...
A relook at national floor for minimum wagesThe labour ministry has decided to junk the recommendation by a panel on steep increase to the national floor for minimum wages and is now ...
What Code on Wages means for the 50 crore workers it aims to benefitThe new code will bring under its ambit even domestic workers. Only MNREGA workers will not come under it.
Don’t want to thrust wage rates on any state: Santosh GangwarUnion Labour Minister says the Code, in no way, compromises equality in wages.
Minimum wage plan fast-tracked by govt with an eye on LS pollsAccording to National Labour Institute estimates, the proposed national floor will result in a 2-3.5% reduction in poverty.
- Minimum wages to be linked to prices of some essential items
The government will take up a 55-year-old proposal to link minimum wages to prices of food, clothing, fuel and housing.
- Government plans mandatory wage of Rs 100 a day
Reminding Govt of onion price of Rs 80 per kg, Trade Unions cautious in welcoming move.