India is planning to replace its minimum wage system with a living wage by 2025, seeking assistance from the International Labour Organization (ILO) to develop a framework for estimating and implementing it. The move aims to lift millions out of poverty and ensure their well-being. India has more than 500 million workers, with 90% in the unorganized sector. While many earn a daily minimum wage of ₹176 or more, stagnant since 2017, the national wage floor lacks enforceability across states, leading to wage payment discrepancies. Read The Rest at :
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