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wages: Rules notified for Code on Wages Advisory Body

The government has notified rules governing the constitution and functions of the central advisory board under the Code on Wages, paving the way for the government to initiate work on a national floor-level minimum wage.

The Code on Wages prescribes for a statutory floor-level minimum wage for the country. The government is keen to roll out the four labour codes from April 1, and hence the need for determining the minimum floor wage at the earliest.

No state can set their minimum wage below the national floor-level minimum wage. The current floor wage is only advisory, resulting in some states keeping minimum wages less than the floor wage, which is pegged at Rs 176 per day.

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