What makes minimum wages work
5 years, 5 months ago

What makes minimum wages work

Live Mint  

Earlier this month the Union cabinet approved the Wage Code Bill, which seeks to subsume existing laws related to workers remuneration and enable the government to fix a ‘minimum wage’ for workers. A new paper authored by Vidhya Soundararajan of Indian Institute of Management, Bangalore suggests that, ultimately, a minimum wage policy might be only as effective as the level of enforcement. For instance, in districts where there is a single dominant employer and strong enforcement, a minimum wage increases employment significantly. However, a well-enforced minimum wage can significantly contribute towards increasing wages and even potentially increase employment levels for low wage workers.

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History of this topic

Why is it necessary to fix a minimum wage?
5 years, 1 month ago

Why is it necessary to fix a minimum wage?

The Hindu  

The story so far: On August 8, the President gave his assent to the Code on Wages, 2019, that had earlier been approved by Parliament. Following the consultation, the Centre will notify the rules that will create the mechanisms to fix a floor wage that would then undergird the minimum wages for different categories of workers — unskilled, semi-skilled, skilled …

Why minimum wage won’t fix India’s woes
5 years, 5 months ago

Why minimum wage won’t fix India’s woes

Live Mint  

Hyderabad: The new Parliament passed the Code on Wages Bill, 2019 mandating a minimum wage across the country in its first session itself. India’s minimum wage system, according to the Economic Survey 2018-19, comprises of 1,915 minimum wages defined for various scheduled job categories across different states in the country. The 15th Indian Labour Conference more than 60 years ago …

Opinion | A minimum wage raise’s effect on employment
6 years, 3 months ago

Opinion | A minimum wage raise’s effect on employment

Live Mint  

One of the enduring policy debates across rich and poor countries is whether or not the government should specify a minimum wage. The unique aspect of our study is that it is the first of its kind to use precise administrative wage data on one million hourly wage employees from over 300 firms spread across 23 different industries to estimate …

Breaking: Delhi High Court Quashes Govt. Notification Revising Minimum Wage [Read Judgment]
6 years, 5 months ago

Breaking: Delhi High Court Quashes Govt. Notification Revising Minimum Wage [Read Judgment]

Live Law  

In a huge blow to the AAP government, the Delhi High Court on Saturday quashed its much-touted March 2017 order revising the minimum wages for all classes of workmen in scheduled employment, opining that the same was ultra vires Article 14 of the Constitution of India.The Bench comprising Acting Chief Justice Gita Mittal and Justice C. Hari Shankar further opined …

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