Revised Minimum Wage 2024 In Indian Economy. Published 27 mar 2024, 09:20 am ist. Our post provides a detailed overview, helping businesses navigate regional variations and stay compliant with recent changes.
India is set to replace its minimum wage system with a living wage by 2025, with the government seeking technical assistance from the international labour organization (ilo) to develop a framework for. Although the implementation of minimum wage might lead to positive outcomes for employees, the impact on employment remains a subject of debate.
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