Which Indian state has highest minimum wage 2020?
Delhi’s minimum wage highest amongst Indian states. About 55 lakh contractual workers in Delhi will benefit from the hike in minimum wages announced recently and approved by the Supreme Court. The minimum wage of Rs 14,842 per month is thrice more than the national minimum wage of Rs 4,628 per month.
Which state has lowest salary in India?
National Floor Level Minimum Wage has been revised again to Rs 176/day.
Minimum Wage India 2019 – Current Minimum Wage Rate India.
|Current Minimum Wages|
|Northern Region (9)||Punjab, Rajasthan, Himachal Pradesh, Jammu and Kashmir, Haryana, Uttar Pradesh, Uttrakhand, Delhi and Chandigarh.|
What is the highest minimum wage in India?
India offers the most competitive labor costs in Asia, with the national-level minimum wage at around INR 176 (US$2.80) per day, which works out to INR 4,576 (US$62) per month. This is a national floor-level wage – and will vary depending on geographical areas and other criteria.
What jobs are poorly paid in India?
The 13 lowest-paying jobs where people work over 40 hours a week
- Industrial truck and tractor operators. …
- Chefs and head cooks. …
- Food and tobacco roasting, baking, and drying machine operators and tenders. …
- Roofers. …
- Furniture finishers. …
- Electrical, electronics, and electromechanical assemblers. …
- Forest and conservation workers.
What is the current floor wage in India?
The current floor wage, which was fixed in 2017, is at Rs 176 a day, but some states have minimum wages lower than it.
What is the minimum basic salary?
However, there is also a discussion that the basic minimum salary of the employees may be increased. According to the new Wage Code rules, the basic salary of the employees should be 50% of the total salary or the Cost to Company (CTC), and not less than this.
What is the basic salary in India?
Usually, basic salary is 40% to 50% of CTC (Cost to Company). Statutory components such as bonus, PF, gratuity and other benefits are determined on the basis of the basic salary. Any increase or decrease of basic salary can affect an employee’s CTC.
Why salaries are low in India?
Salaries in India are lower than in developed nations, because the cost of living in India is low. That in turn is because the cost of goods & services in India is much lower than in developed nations. That in turn is because in absolute dollar terms, per capita Indian consumption is much lower than developed nations.
What state has lowest minimum wage?
The two states with the lowest minimum wage are Georgia ($5.15) and Wyoming ($5.15). However, employers in Georgia and Wyoming who are subject to the Fair Labor Standards Act must still pay the $7.25 Federal minimum wage.
What states will raise minimum wage in 2020?
Arizona, Colorado and Maine will incrementally increase their minimum wages to $12 an hour by 2020. Washington’s will be increased incrementally to $13.50 an hour by 2020. New York became the second state to pass a new law that would raise the minimum wage in New York City to $15 per hour by the end of 2018.