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The Ministry of Labour and Employment shares details about the ILO report titled Global Wage Report 2020-21 in a written reply in Rajya Sabha. The report comments on Indian workers having low average wages and longer hours. It also notes real wage growth in Asia and the Pacific from 2006 to 2019. The report uses the National Floor Level Minimum Wage of Rs 176 per day to compare average wage. The median of minimum wages in different states is Rs 269 per day. The Code on Wages creates a statutory right of minimum wages for all workers.
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Ministry of Labour & Employment
Posted On: 17 MAR 2021 1:27PM by PIB Delhi
The ILO report titled ‘Global Wage Report 2020-21: Wages and minimum wages in the time of COVID-19’ is available at ILO’s official website.
The Report inter-alia, comments on various issues including on Indian workers having low average wages, longer hours as well as that the workers in Asia and the Pacific enjoyed the highest real wage growth among all regions over the period 2006–19, with India leading the way along with other countries. Further, while comparing average wage, the report has taken into account the National Floor Level Minimum Wage which is Rs.176/- per day. However, actual wages are far higher. If the median of the minimum wages in different states is drawn, it would be Rs.269/- per day in the country.
The Code on Wages, 2019 which has been notified on 8th August, 2019 universalises and creates a statutory right of minimum wages for all workers whether in organized or unorganised sector. A new concept of statutory floor wage has also been introduced in the Code on Wages. The Code also provides that the minimum wages are to be ordinarily reviewed and revised by the appropriate Governments in intervals not exceeding five years.
This information was given by Minister of State (I/C) for Labour & Employment Shri Santosh Kumar Gangwar in a written reply in Rajya Sabha today.
MS/jk
(Release ID: 1705410)
