National Current Affairs Lok Sabha passes Wage Code Bill to ensure a minimum wage for workers The minimum wages fixed by the Centre will no longer be based on employment but on geography and skills. Points to Note To fix minimum statutory wage for the entire country, a move that will benefit 500 million workers, the Code on Wages Bill, 2019 was passed by the Lok Sabha which is yet to be passed by the Rajya Sabha and be enacted. The minimum wages fixed by the Centre will no longer be based on employment but on geography and skills. Irrespective of the sector and wage ceiling, the Code on Wages seeks to universalize the provisions of minimum wages and timely payment of wages to all employees. - Study24x7
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2086 followers study24x7 01 Aug 2019 11:49 AM study24x7 study24x7

National Current Affairs Lok Sabha passes Wage Code Bill to ensure a minimum wage for workers The minimum wages fixed by the Centre will no longer be based on employment but on geography and skills. Points to Note To fix minimum statutory wage for the entire country, a move tha...

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