National minimum wage floor raised to Rs160 per day
07 Jul 2015
National floor level minimum wage (NFLMU) has been revised upwards from existing Rs137 to Rs160 per day with effect from 1 July 2015, minister of state (independent charge) for labour and employment Bandaru Dattatraya said in a letter written to state chief ministers.
The minister has urged states and union territories to take necessary steps for fixation/revision of the minimum rates of wages in respect of all scheduled employments not below the NFLMW of Rs160 per day.
He also emphasised the need to ensure implementation of various provisions of the Minimum Wages Act, 1948 so that the objective of ensuring minimum wages to workers is fulfilled.
The upward revision in the minimum wage floor follows a review of the movement of CPI-IW during April 2014 to March 2015 over the period April 2012 to March 2013. It was observed that the average CPI-IW has risen from 215.17 to 250.83, he said. Accordingly, the NFLMW has been revised upwards from existing Rs137 to Rs160 per day with effect from 1 July 2015.
In order to have a uniform wage structure and to reduce the disparity in minimum wages across the country, national floor level minimum wage (NFLMU) is fixed which also requires to be revised from time to time on the basis of rise in consumer price index for industrial workers (CPI-IW).
The NFLMU was last revised from Rs115 to Rs137 per day with effect from 1 July 2013.
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