National Floor Level Minimum Wage Enhanced From Rs.137 To Rs.160 Per Day from 1st July 2015
National Floor Level Minimum Wage Enhanced From Rs.137 To Rs.160 Per Day W.E.F. 01.07.2015
National Floor Level Minimum Wage (NFLMU) has been
revised upwards from existing Rs. 137/- to Rs. 160/-per day w.e.f.
01.07.2015. In a letter written to all the Chief Ministers and LGs
today, Shri Bandaru Dattatraya, the Minister of State(IC) for Labour and
Employment has urged to take necessary steps for fixation/revision of
the minimum rates of wages in respect of all scheduled employments in
State/UT not below the NFLMW of Rs. 160/- per day w.e.f. 01.07.2015. The
Minister has also emphasized to ensure implementation of various
provisions of the Minimum Wages Act, 1948 so that the objective of
ensuring Minimum Wages to workers is fulfilled.
While reviewing the movement of CPI-IW during April 2014
to March 2015 over the period April 2012 to March 2013, it was observed
that the average CPI-IW has risen from 215.17 to 250.83, he said.
Accordingly, the NFLMW has been revised upwards from existing Rs. 137/-
to Rs. 160/-per day w.e.f. 01.07.2015.
In order to have a uniform wage structure and to reduce
the disparity in minimum wages across the country, National Floor Level
Minimum Wage (NFLMU) is fixed which also requires to be revised from
time to time on the basis of rise in Consumer Price Index for Industrial
Workers (CPI-IW). The NFLMU was last revised from Rs. 115/- to Rs.
137/- per day with effect from 01.07.2013.
Download Press Release on National Floor Level Minimum wage increase
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