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In order to have a uniform wage structure and to reduce the disparity in minimum wages across the country, the concept of National Floor Level Minimum Wage (NFLMW) was mooted. On the basis of increasein the Consumer Price Index (Industrial Worker), the Central Government has revised the NFLMW from time to time. The present NFLMW –
Rs.80/-
Rs.100/-
Rs.160/-
Rs 176/-.
The Centre has raised the national floor-level minimum wage (NFLMW) by 10% to Rs 176 per day from Rs 160 a day earlier with effect from July 1 and sent advisories to the states to comply with the new threshold.
By: kartikey ProfileResourcesReport error
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