Central Government Increases Minimum Wage Rates for Workers

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..... Central Government Increases Minimum Wage Rates for Workers - News and Press Release Dated:- 27-9-2024 - News - In a significant move to support workers, particularly those in the unorganized sector, the Central Government has announced an increase in minimum wage rates by revising the Variable Dearness Allowance (VDA). This adjustment is aimed at helping workers cope with the rising cost of liv .....

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..... ing. Workers engaged in various sectors, including building construction, loading and unloading, watch and ward, sweeping, cleaning, housekeeping, mining, and agriculture within central sphere establishments, will benefit from the revised wage rates. The new wage rates will take effect from October 1, 2024. Last revision was done in April 2024. The minimum wage rates are categorized based on skill .....

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..... levels unskilled, semi-skilled, skilled, and highly skilled as well as by geographical area A, B, and C. After revision, minimum wage rates in area A for workers in construction, sweeping, cleaning, loading unloading for unskilled work will be Rs 783 a day ( Rs 20,358 per month) for semi-skilled Rs 868 a day ( Rs 22,568 per month) for skilled, clerical and watch wards without arms Rs 954 a day ( .....

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..... Rs 24,804 per month) and for highly skilled and watch ward with arms Rs1,035 a day( Rs 26,910 per month) The Central Government revises the VDA twice a year, effective from April 1 and October 1, based on the six-month average increase in the Consumer Price Index for industrial workers. Detailed information regarding the minimum wage rates by sector, categories and area, is available on the websit .....

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..... e (clc.gov.in) of the Chief Labour Commissioner (Central), Government of India. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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