Skip to main content

Haryana govt increases minimum wages

The Haryana government on Friday revised the legal minimum wage in the state by 29 per cent wage for unskilled and 48 per cent for highly skilled workers. The rise will be effective from November 1.
In a press statement, the Bharatiya Mazdoor Sangh (BMS), affiliated to the Sangh Parivar, lauded the step taken by the state government.
Chief Minister Manohar Lal Khattar announced the decision after paying tributes to Bharatiya Jan Sangh founder Deen Dayal Upadhyaya on his birth anniversary. He also promised a once- in- six months increase of minimum wages linked to the consumer price index. Earlier, these were raised at the rate of 2.31 per cent annually.
BMS organising secretary Pawan Kumar said the revision in minimum wages was last done in 2007. It was due in 2012 but was delayed by the previous Congress government.
"The state governments Minimum Wage Board has also recommended the number of years to shift from unskilled to semi- skilled category for a worker be reduced from 10 to five years." The minimum monthly rate of wages for unskilled workers in Punjab is Rs.6,847.75, while it is Rs.6,734.95 in Uttar Pradesh; Rs.5,914 in Rajasthan, Rs.6,240 in Madhya Pradesh and Rs.7,436 in Gujarat.
The minimum wages in Delhi, as effective from April 1, are the highest in the northern region. Minimum wages for unskilled workers in Delhi is Rs.9,048; Rs.10,010 for semi skilled and Rs.10,998 for highly skilled workers.
Business Standard, New Delhi, 26th Sept. 2015

Comments

Popular posts from this blog

Budget: Startup sector gets new Fund of Funds, FM to allocate Rs 10K cr

  The Indian startup sector received a boost with Finance Minister Nirmala Sitharaman announcing the establishment of a new fund of funds (FoF) in the Budget 2025. The minister unveiled a fresh FoF with an expanded scope, allocating Rs 10,000 crore. The initial fund of funds announced by the government with an investment of Rs 10,000 crore successfully catalysed commitments worth Rs 91,000 crore, the minister said.   “The renewal of the Rs 10,000 crore commitment to the Fund of Funds for alternative investment funds (AIFs) is a significant step forward for the Indian startup and investment ecosystem. The initial Rs 10,000 crore commitment catalysed Rs 91,000 crore in investments, and I fully expect this fresh infusion to attract an additional Rs 1 lakh to Rs 1.5 lakh crore in capital,” said Anirudh Damani, managing partner, Artha Venture Funds.   Damani further added that this initiative will provide much-needed growth capital to early-stage startups, further strengthenin...

After RBI rate cut, check latest home loan interest rates of top banks for loans above Rs 75 lakh

  The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points from 6.50% to 6.25% in its monetary policy review as announced on February 7, 2025. After the RBI repo rate cut, banks such as SBI, Canara Bank, PNB, and Union Bank among others have cut their repo linked lending rates. Most other banks are also expected to cut their lending rates in line with the RBI rate cut. After banks cut their lending rates, their home loan borrowers will have to pay less interest. Normally, when a lender cuts the lending rate, borrowers get two options: Either to go for a reduction in EMIs or reduce the tenure of the loan. The second option will help the borrowers clear their home loan outstanding faster. In case, the borrower goes for reduction in EMI then the lower lending rate of the lender would mean lower Equated Monthly Installment (EMI) for borrowers.   EMI is the amount you will pay on a specific date each month till the loan is repaid in full.A repo rate-linked home ...

GST collections rise 9.9% to exceed Rs 1.96 trillion in March 2025

  Gross GST collection in March grew 9.9 per cent to over Rs 1.96 lakh crore, government data showed on Tuesday. GST revenue from domestic transactions rose 8.8 per cent to Rs 1.49 lakh crore, while revenue from imported goods was higher 13.56 per cent to Rs 46,919 crore. Total refunds during March rose 41 per cent to Rs 19,615 crore. After adjusting refunds, net GST revenue stood at over Rs 1.76 lakh crore in March 2025, a 7.3 per cent growth over the year-ago period.       - Business Standard 02 th March, 2025