Brief by Shorts91 Newsdesk / 04:36pm on 25 Mar 2024,Monday India
India aims to transition from minimum wage to living wage by 2025, seeking assistance from the International Labour Organization (ILO) to establish a framework. Living wages, endorsed by the ILO, account for basic needs like housing, food, and healthcare, surpassing basic minimum wages. The move follows the ILO's agreement on the reform during its recent meeting. With over 500 million workers, mostly in the unorganized sector, receiving daily minimum wages, the shift aims to ensure fairer compensation. However, challenges remain as state-level adherence to national wage floors varies.
