Saturday, July 24, 2021

Govt sets up expert group on fixation of minimum wages & national floor wages

The government has set up an expert group on fixation of minimum wages and national floor wages. The Expert Group will be chaired by Director of Institute of Economic Growth Professor Ajit Mishra.

Term of the Expert Group will be three years and it will provide technical inputs and recommendations. The expert group will look into the international best practices on the wages and evolve a scientific criteria and methodology for fixation of wages to arrive at the wage rates.

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