StatCounter - Free Web Tracker and Counter
26.9 C
Karachi
Saturday, April 19, 2025
- Advertisement -

India hikes minimum wages as living costs surge

TOP NEWS

Reuters
Reuters
Reuters is an international news organisation owned by Thomson Reuters

India is hiking minimum wages marginally for workers employed in informal sectors including construction, mining and agriculture, from October 1, a government statement said on Thursday.

“This adjustment is aimed at helping workers cope with the rising cost of living,” the statement said, referring to the 2.40-point rise in consumer price index, opens new tab (CPI) for industrial workers.

After the hike, the unskilled workers in the upper-most band can expect a daily minimum wage of 783 rupees ($9.36), semi-skilled workers a rate of 868 rupees, and highly skilled workers 1,035 rupees.

The wages are revised twice a year according to inflation, based on the six-month average rise in CPI for industrial workers.

Earlier this week, thousands of workers held protests across the country, seeking an increase in wages and demanding the repeal of four labour codes which they say favour multinational corporations.

($1 = 83.6380 Indian rupees)

- Advertisement -
- Advertisement -
 

Trending

POLL

Will Trump Tariffs Rattle World Economy and harm US interests in long run ?

- Advertisement -
 

MORE STORIES