New Delhi: The central government has given a gift to the workers before Diwali. Yes, the government has increased the wages of workers working in sectors like construction, mining and agriculture. The increase in minimum wages will provide financial assistance to the workers.

how much did the wage rate increase

The central government increased the minimum wages of workers by 2.40 points in the Consumer Price Index (CPI). According to the new rate, the wages of workers will be Rs 783 per day i.e. Rs 20,358 per month. At the same time, the minimum wage rate for watchmen will be Rs 1,035 per day. All these rates will be applicable from October 1.

Let us tell you that the central government revises the wage rate twice a year. At the beginning of this week, thousands of workers of the country protested. Actually, the workers were demanding an increase in the rate and the repeal of four labor laws. The workers are in favor of the law of multinational companies.

Revisions are made twice a year

The central government revises the minimum wage rate twice a year. The recent revision will be effective from October 1, 2024. The information on minimum wage rates by sector, categories and region is available on the Government of India website ( clc.gov.in ). The government said that it has increased the wage rate to cope with the rising cost of labour.