Question
Which of the following statements are true regarding minimum wages in India?
Select the correct answer using the code given below:
- The National Floor Level Minimum Wage (NFLMW) is not binding on States
- There are different level of minimum wages across States
- Minimum wages are different for different categories of employments
Select the correct answer using the code given below:
Answer: Option D
Answer: (d)
The central government announces the National Floor Level Minimum Wage (NFLMW) which is non-statutory but acts as a benchmark that pulls up the wages of the workers. NFLMW does not operate as a conventional floor wage to protect the lowest-paid workers. Currently, NFLMW is Rs. 176/day.
There are nearly 429 scheduled employments and 1,915 scheduled job categories across India for unskilled workers for which minimum wages are set by different states.
One in every three wage workers in India is not protected by the minimum wage law. States have different minimum wages and the main justification for it is the different levels of economic development.
The proliferation of minimum wage rates and scheduled employments is a strong deterrent for compliance.
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Answer: (d)
The central government announces the National Floor Level Minimum Wage (NFLMW) which is non-statutory but acts as a benchmark that pulls up the wages of the workers. NFLMW does not operate as a conventional floor wage to protect the lowest-paid workers. Currently, NFLMW is Rs. 176/day.
There are nearly 429 scheduled employments and 1,915 scheduled job categories across India for unskilled workers for which minimum wages are set by different states.
One in every three wage workers in India is not protected by the minimum wage law. States have different minimum wages and the main justification for it is the different levels of economic development.
The proliferation of minimum wage rates and scheduled employments is a strong deterrent for compliance.
Was this answer helpful ?
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