The constitution of the committee, notwithstanding the technical expertise, will send adverse signals to the stakeholders that the government is simply biding time.
Central Advisory Board to kick-start work on national floor level minimum wage
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Synopsis
The 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 April 1 this year and hence the need for determining the minimum floor wage at the earliest
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The Central Advisory Board will fix the minimum wages and revise it from time to time
The labour ministry has notified rules governing the constitution and functions of the central advisory board under the Code on Wages, paving way for the government to kick-start work on the national floor level minimum wage for the country.