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Hr NewsStatutory Compliance

Govt to hike minimum wages to boost economy: Labour Secretary

Source | Press Trust of India  |  New Delhi November 26, 2015 

Trade unions have been demanding for a minimum wage of Rs 15,000 per month

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, Labour Secretary Shankar Aggarwal today said.

“We will create a law to give certain minimum wages across the country in all trades and not only in scheduled employments (as per existing law),” Aggarwal said while addressing at a conference organised by CII  here.

He further said, “We will increase the wages under Minimum Wage Act so that workers have decent wages aligned with inflation and have some money to buy goods and services.”

Aggarwal 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.

 

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