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National floor level minimum wage: Leave the balance to be decided by state governments, urge industry experts

6 Mar 2021 by  The Economic Times

The Union Labour Ministry has notified rules governing the constitution and functions of the Central Advisory Board under the Code on Wages, paving way for the government to kick-start work on the national floor-level minimum wage for the country.

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

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The Economic Times