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The minimum wages fixed or revised by the Appropriate Government may consist of a basic rate of wages and a special allowance with the variation in the
Consumption index
Cost of living index
Inflation index
Stock index
The cost of living allowance and the cash value of the concessions in respect of supplies of essential commodities at concession rate shall be computed by the competent authority 4 at such intervals and in accordance with such directions as may be specified or given by the appropriate government. The Act lays down that wages should be paid in cash, although it empowers the appropriate Governments for the payment of minimum wages wholly or partly in kind.
By: santosh ProfileResourcesReport error
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