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

UK politics: Boris Johnson grilled by MPs at liaison committee – live

UK politics: Boris Johnson grilled by MPs at liaison committee – live

Grant Shapps, the transport secretary, is making a statement to MPs now setting out the government’s response to the sacking of 800 workers by P&O Ferries. There are nine measures, he says. First, HM Revenue and Customs will get new resources to check ferry operators are complying with minimum wage law, he says. HMRC will … Read more

Rules notified for Code on Wages Advisory Body

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The government has notified rules governing the constitution and functions of the central advisory board under the Code on Wages, paving the way for the government to initiate work on a national floor-level minimum wage. The Code on Wages prescribes for a statutory floor-level minimum wage for the country. The government is keen to roll … Read more

Biden scores legislative win as House passes $1.9 trillion COVID relief plan

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President Joe Biden scored his first legislative win as the House of Representatives passed his $1.9 trillion coronavirus relief package early Saturday, though Democrats face challenges to their hopes of using the bill to raise the minimum wage. Democrats who control the chamber passed the sweeping measure by a mostly party-line vote of 219 to … Read more

View: Why an urban job guarantee scheme is a bad idea

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A crisis like Covid-19 justifies emergency outlays to help unemployed urban workers. Synopsis Since a guaranteed urban wage can be double the MGNREGA rate, any given budget outlay can create up to twice as many jobs in rural as in urban areas. The government is reportedly considering an urban jobs scheme. Some economists hope this … Read more

Govt to hire experts for framing rules of three labour codes

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The labour ministry has sought application from legal experts that it aims to hire as consultants on contractual basis to help government frame rules of the three labour codes which have been recently passed by the Parliament. The two experts are being sought at the level of joint secretary and director or deputy secretary level. … Read more