September 27, 2024
1 min read

Govt to hike minimum wage rates for workers

This adjustment is aimed at helping workers cope with the rising cost of living, the Ministry of Labour and Employment said in a release on Thursday….reports Asian Lite news

In a significant move to support workers, particularly those in the unorganised sector, the central government has announced an increase in minimum wage rates by revising the Variable Dearness Allowance (VDA).

This adjustment is aimed at helping workers cope with the rising cost of living, the Ministry of Labour and Employment said in a release on Thursday.

Workers engaged in various sectors, including building construction, loading and unloading, watch and ward, sweeping, cleaning, housekeeping, mining, and agriculture within central sphere establishments, will benefit from the revised wage rates.

The new wage rates will take effect on October 1, 2024. The last revision was done in April 2024. The minimum wage rates are categorised based on skill levels–unskilled, semi-skilled, skilled, and highly skilled–as well as by geographical area–A, B, and C.

After revision, minimum wage rates in area “A” for workers in construction, sweeping, cleaning, loading and unloading for unskilled work will be Rs 783 a day ( Rs 20,358 per month) for semi-skilled workers and Rs 868 a day (Rs 22,568 per month) for skilled, clerical and watch and wards without arms, Rs 954 a day ( Rs 24,804 per month) and for highly skilled and watch and wards with arms, Rs 1,035 a day (Rs 26,910 per month).

The central government revises the VDA twice a year, effective from April 1 and October 1, based on the six-month average increase in the Consumer Price Index for industrial workers.

A detailed information regarding the minimum wage rates by sector, categories and area is available on the website (clc.gov.in) of the Chief Labour Commissioner (Central), Government of India. (ANI)’

ALSO READ: Starmer, Macron back India for UNSC seat

Previous Story

Starmer, Macron back India for UNSC seat

Next Story

Over 12 lakh set to vote in Jammu on Oct 1

Latest from Economy

Maruti’s Global Push Breaks Record

June shipments hit 37,842 units, signalling robust global demand Maruti Suzuki India recorded its highest-ever monthly exports in June, shipping 37,842 units and marking a new milestone that highlights the company’s expanding

India’s Growth Defies West Asia Tensions

The deepening crisis in West Asia, particularly between Israel and Iran, has had little to no visible impact on India’s economic trajectory or its export performance….reports Asian Lite News The limited trade

UAE credit soars to the top

S&P Global, Moody’s Investors Service, and Fitch Ratings — have all assigned strong sovereign credit ratings to the UAE In a strong show of confidence in the United Arab Emirates’ economic resilience

Miliband shuns £25bn renewable energy project

Whitehall sources say the government will emphasise a desire to focus on “homegrown” energy in a statement explaining its rejection of the Xlinks project The government is snubbing a £25bn renewable energy
Go toTop

Don't Miss

India, Bhutan share rich cultural tradition of Buddhism

Bhutan is also home to a number of significant Buddhist

India needs to revive the Asia Africa Growth Corridor

The almost still-born AAGC was seen as an attempt to