Panel on monthly national minimum wage

Why is it in the news ?
  • The report of the 7-member expert panel recommended a uniform national minimum wage of Rs 9,750 per month.
  • Also, the region-wise minimum wages ranging from Rs 8,892-Rs 11,622 per month for five regions have been recommended.
More in the news
  • The expert committee was to determine the methodology for fixing the national minimum wage.
  • The recommendations could form the basis for a national minimum wage in the country covering all workers- irrespective of their skills, sectors, occupations and rural-urban locations.

 Recommendations of the Committee:

  • Additional house rent allowance, averaging up to Rs 55 per day, for urban workers over and above the national minimum wage.
  • The single value of the national minimum wage for India should be set at Rs 375 per day or Rs 9,750 per month.
  • Alternatively, setting the national minimum wage for five different regions with diverse socio-economic and labour market situations.
  • Nationally representative food basket for all regions should be used instead of estimating and using regional representative food baskets for each of the five regions.
  • Adopting an approach that would focus on a balanced diet rather than merely its calorie intake that should not only concentrate on the minimum requirement of calories but also on the minimum requirement of protein and fats.
 
Source
Indian Express.




Posted by Jawwad Kazi on 15th Feb 2019