Decline in regular wage employment in general category led to an increase in self-employment and casual work
State-owned Coal India Ltd (CIL) on Monday said it has reached an agreement with its 2.38 lakh strong non-executive workers over the revision of wages. Under the agreement reached, a 19 per cent minimum guaranteed benefit from July 1, 2021, on emoluments (basic, VDA, SDA & attendance bonus) and a 25 per cent increase in allowances have been granted, Coal India said in a filing to exchanges. "The Joint Bipartite Committee for the Coal Industry (JBCCI)-XI consisting of representatives of CIL management, Singareni Collieries Company Limited (SCCL), five central trade unions i.e. BMS, HMS, AITUC, CITU and Indian National Mine Workers' Federation (INMF) on May 20, 2023, recommended and inked National Coal Wage Agreement (NCWA)-XI for the period of five years w.e.f. 01.07.2021," the miner said. Around 2.81 lakh employees of CIL & SCCL who were on the rolls of the company as on July 1, 2021, would be the beneficiaries post-implementation of the agreement. Further, CIL has made a ...
The wage bill of the private sector was 12.7 per cent in the FY22, compared to 11.8 per cent for the public sector
The government has constituted an expert group led by Prof Ajit Mishra, that will give recommendations on fixation of minimum wages and national floor minimum wage. "The Ministry of Labour & Employment issued an order and has constituted the Expert Group to provide technical inputs and recommendations on fixation of Minimum Wages and National Floor Minimum Wages," a labour ministry statement said. Minimum wage is different for different categories of workers. National floor refers to the minimum level of wage that is applicable to all categories of workers across the country. The group has been constituted for a period of three years from the date of notification. To arrive at the wage rates, the group will look into the international best practices on the wages and evolve a scientific criteria and methodology for fixation of wages. The expert group is chaired by Prof Ajit Mishra, Director, Institute of Economic Growth. The members of the expert group include Prof Tarika ...
Minimal changes in previous draft made public in November 2019; minimum working hours norm reversed
The move would put an end to the exploitation of workers in payment of wages, the minister said