Minimum Wages Hike: Wage increase of central government workers. This is a present to the workers from the government. The minimum wage rate is to be applied from October 1, 2024, said the central government. Minimum wage rates will be available according to sector categories and area on the clc.gov.in website. We shall know in detail in this article. The central government gave a present to the workers before Diwali. Yes, increased wages for workers working in fields such as construction, mining, and agriculture. An increase in the minimum wage will help financially the workers.
How Much Have The Minimum Wages Increased?
The central government increased minimum wages to the tune of 2.40 points in Consumer Price Index (CPI) terms, which implies that the new rate will provide terracotta works for Maos worers at Rs 783 per day or Rs 20,358 per month. Likewise, the minimum wage for watchmen will be Rs 1,035 per day. All this will come into effect from October 1. As a matter of fact, the central government does it twice a year. Thousands of workers protested at the beginning of this week over demands for increasing the capping rates among other things. Or, repeal of four labor laws. In fact, for multinational companies.
Revision Is Done Twice A Year
Every half of the year, the central government brings about revising minimum wage rates. This latest amendment in wages will be effective from October 1st, 2024. Further information on minimum wages regarding sector, category, and region-wise can be accessed on the Government of India website (clc.gov.in). This increase in wage rates will help meet the rising cost of households.
Increase In Minimum Wage Rate
Different kinds of minimum wages are there. These are skilled, unskilled, semi-skilled, and highly skilled, besides A, B, and C geographical areas. Following the enhancement of the minimum wage, an unskilled laborer employed in the construction area, as well as sweeping, cleaning, loading, and unloading in Area A, will now earn an increase of minimum wages to Rs 783 per day or Rs 20,358 per month. Similarly for semi-skilled workers has increased minimum wages to Rs 868 per day or Rs 22,658 per month. Skilled, clerical, and unarmed watch and ward borrow a minimum wage which is increased to Rs 954 per day or Rs 24,804 per month. Highly skilled workers as well as armed watch and ward will receive a daily pay of Rs 1,035 or Rs 26,910.
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