Source | LinkedIn | Daily Rundown
Nearly six in 10 regular employees make less than ₹10,000 a month, according to Azim Premji University’s State of Working India report. That’s well under the Seventh Central Pay Commission’s minimum stipulated salary of ₹18,000 per month. Non-regular workers are worse off, making a paltry ₹5,853 per month on average. Further, the report adds, people earning ₹50,000 or more comprise just 1.6% of India’s total workforce. Separately, a Monster.com study shows the median gross hourly salary fell 21% from 2015 to ₹219 in 2017, with only the manufacturing sector witnessing an increase.