Govt set to hike minimum wages to boost economy

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New Delhi, Nov 26: The government will enhance minimum wages and make it mandatory across the country to boost demand of goods and services for pushing economic growth and creating jobs, senior officials said.

The govt intends to  create a law to give certain minimum wages across the country in all trades and not only in scheduled employments (as per existing law), they said.

Government is of the view that the economic growth can be boosted by creating jobs and for that there is need of creating demand of goods and services for increasing manufacturing and other economic activities.

In the present scenario, labour is under the concurrent list of the constitution. The centre as well as the states fix minimum wages for skilled, semi-skilled and unskilled workers in their jurisdiction.

Trade unions have been demanding for a minimum wage of Rs 15,000 per month across the board which should be applicable in the entire country.

Labour Ministry is now mulling an amendment to Minimum Wage Act to fix a mandatory minimum level of wages applicable across the country for all categories of workers, which will be aligned with inflation and sufficiency to create demand for goods and services.

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