India plans to shift from minimum wage to living wage by 2025

India plans to shift from minimum wage to living wage by 2025

New Delhi: India is preparing to replace the minimum wage with living wage by 2025 and has sought technical assistance from the International Labour Organization (ILO) to create a framework for estimating and operationalising these, ET has learnt. Living wages – a minimum income necessary for a worker to meet their basic needs, factoring in … Read more

Illegal profits from forced labour up by 37% in last 10 years to $236 billion per year: ILO

Illegal profits from forced labour up by 37% in last 10 years to $236 billion per year: ILO

Forced labour in the private economy generates $236 billion in illegal profits per year with the total amount of illegal profits from forced labour rising by $64 billion or 37% since 2014, the International Labour Organization (ILO) said on Tuesday. “This is a dramatic increase that has been fuelled by both a growth in the … Read more

ILO expert Kee Beom Kim interview | ‘Great Recession, COVID-19 pandemic slowly leading to more thought for role of macroeconomic policies’

ILO expert Kee Beom Kim interview | ‘Great Recession, COVID-19 pandemic slowly leading to more thought for role of macroeconomic policies’

Macroeconomic and Employment Policies Specialist at the Employment Policy Department of the International Labour Organization (ILO) in Geneva,Kee Beom Kim, was recently in India for preparatory meetings related to the G-20’s meeting on employment or Labour20 (L-20) scheduled for the first week of February at Jodhpur. Mr. Kim’s works focuses on undertaking analyses on key … Read more

Remote work helped in saving jobs during COVID- 19: ILO Report

Remote work helped in saving jobs during COVID- 19: ILO Report

Photo used for representation purpose only. | Photo Credit: Getty/iStock image Short-time work and work-sharing measures or other forms of job retention helped to reduce the volume of work and save jobs during the COVID-19 pandemic, said a report of the International Labour Organisation (ILO) released on Friday. The report, titled Working Time and Work-Life … Read more

Social security benefits: Industry asks government to expand the list of gig workers

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The industry has sought the government to expand the list of gig workers to cover even those who are working without aggregators besides doing away with the minimum work requirement of six months to get social security benefits. Besides, the industry has sought clarity on overtime, reducing the frequency of annual health checkups while seeking … Read more

Withdraw circular ‘banning’ creation of new posts: Congress to government

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New Delhi: The Congress on Saturday demanded that the Centre withdraw its circular calling for a freeze on the creation of new posts, and urged it to create more vacancies while filling the existing ones in the wake of the alleged rise in unemployment. As part of measures to rationalise non-priority expenditure, the government on … Read more

Highly educated people are much more likely to be unemployed in low-income countries: ILO

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The unemployment rate is higher in low-income and lower middle income countries for youth with advanced educational levels, the International Labour Organisation has said. “Actually, in 82% of low-income countries and in 70% of lower-middle-income countries with data, the unemployment rate is higher for those with an advanced educational level than for those with only … Read more