Wage Bill

Revised MGNREGS wage rates below Rs 400/day promised by Congress: Ramesh

The Congress on Thursday attacked the Modi government after it notified revised MGNREGS wages for 2024-25, saying the daily wage rates in all states are well below the Rs 400 a day promised by the party under its 'Shramik NYAY' guarantees. The Union government has reportedly notified the revised wages under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). In a post on X, Congress general secretary Jairam Ramesh said MGNREGA wages are revised annually with effect from April 1. "For 2024/25, the Modi Government has just announced revised MGNREGA wages. Leaving aside the issue of whether this violates the spirit of the Model Code of Conduct in view of the forthcoming elections, the announced daily wage rates in ALL states are well below the Rs 400 a day, which is part of the 'Shramik NYAY' Guarantees of the Indian National Congress," he said. The Congress' 'Shramik NYAY' announcement guarantees a nationwide minimum wage of Rs 400 per day to put an end to wage

With swelling wage bills, pension arrears, OPS may push HP to the wall

As per the policy, the OPS beneficiaries would also be brought under the ambit of GPF and those employees under the NPS, who retired after May 15, 2003, will be given OPS from the prospective date

Karnataka Assembly polls: Congress promises to roll back 12-hour shift

In election manifesto, party promises to fix minimum hourly wage for gig workers

Employees may have to wait longer for new wage code rules to kick in

The changes under the new wage code can only be implemented across the country once the centre receives draft guidelines from all the states and UTs

Employee costs surge over 12% to a record Rs 10.8 trillion in FY22

Employee costs rose over 12% in FY22, the fastest in 8 years

Over 100,000 LIC employees to get 16% wage hike

The government has given a go-ahead to a five-day working week for LIC employees

Lockdown hurt, but resilience of jobs in listed companies is remarkable

The 8.5 per cent nominal increase in the wage bill of listed companies was the combined outcome of an increase in employment and a simultaneous increase in the nominal wage rate

Migrant crisis: Lapses on part of Centre and states, says Supreme Court

The top court issued notices to the Centre, the states and Union territories and sought their replies by May 28.

Many manufacturing companies weighed labour cost cuts even before lockdown

Salary and wage bill for manufacturers was down around 1% YoY in Jan-Mar

Why the Wage Code is inadequate

It contains numerous positive elements, such as introduction of a statutory national floor-level minimum wage for the first time in India, but it has missed an opportunity to do more

Cabinet approves wage bill to simplify four labour related laws

The Labour Code on Wages bill will be introduced in the ongoing monsoon session of parliament