Eco Survey 2020 pitches for effective minimum wage policy | Editorji
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Eco Survey 2020 pitches for effective minimum wage policy

Jan 31, 2020 17:51 IST

The Economic Survey 2020 has pitched for an effective minimum wage policy. The survey calls for fixing of minimum wages in four categories viz., unskilled, semi-skilled, skilled and highly skilled. The survey says wages should be fixed based on the geographical region and should cover all workers, irrespective of any wage ceiling.
India's present minimum wage system is complex. The wage policy has 1,915 minimum wages defined for various scheduled job categories across various states. One in every three wage workers in India is not protected by the minimum wage law in India.

Economy