Finance minister Nirmala Sitharaman, in a press briefing, said that the minimum wage for workers was hiked from Rs 182 to Rs 202 per day. The Centre has asked the states and union territories to provide jobs to migrants. The government also proposed a national floor-wise wage rate so that uniform wage rate prevails across states. This is Govt’s second tranche of the mega economic package aimed at uplifting the economy battered by the nationwide lockdown to combat the spread of coronavirus. | The
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Government increases minimum wage rates for workers
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The concept of “floor wage” doesn’t weaken the existing safeguard of minimum wage. Minimum and timely payment of wages will apply to all employees in all sectors and no State Government can set wages below the notified floor wage. The statutory floor wage will be fixed by the Central Government after considering minimum living standards and consulting the tripartite Central Advisory Board and State Governments. States cannot reduce their existing minimum wage if it is already higher than the flo
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