The government will take up a 55-year-old proposal to link minimum wages to prices of food, clothing, fuel and housing. The Indian Labour Conference, a meeting of the government, employers and employees, had in 1957 suggested setting a wage floor based on a minimum food requirement of 2,700 calories per adult, clothing requirement of 72 yards per annum per family, rent corresponding to the government's industrial housing scheme and expenditure on fuel, lighting and miscellaneous items. The proposal, which was never implemented, will now be taken up at ILC's 42nd meeting on Tuesday.
Source: Economic Times
No comments:
Post a Comment