Podcast
Questions and Answers
What index is the Variable Dearness Allowance (VDA) linked to for protecting minimum wages against inflation?
What index is the Variable Dearness Allowance (VDA) linked to for protecting minimum wages against inflation?
- Wholesale Price Index Number for all Urban Consumers (WPI-UC)
- Consumer Price Index Number for Industrial Workers (CPI – IW) (correct)
- Wholesale Price Index Number for Industrial Workers (WPI – IW)
- Consumer Price Index Number for all Urban Consumers (CPI-UC)
Which of the following is NOT a responsibility of the Central Advisory Board?
Which of the following is NOT a responsibility of the Central Advisory Board?
- Advising on the fixation of minimum rates of wages
- Evaluating wage structures of private sectors (correct)
- Co-ordinating the work of State Advisory Boards
- Advising on the revision of minimum rates of wages
If an employee works less than the requisite number of hours in a day, how shall his wages be computed?
If an employee works less than the requisite number of hours in a day, how shall his wages be computed?
- For a full normal working day
- At a reduced hourly rate
- For a half working day
- For the hours he had worked (correct)
When was the tripartite Committee on Fair Wage constituted to provide guidelines for wage structures?
When was the tripartite Committee on Fair Wage constituted to provide guidelines for wage structures?
Under which condition can the appropriate Governments notify an employment where minimum wages can be fixed?
Under which condition can the appropriate Governments notify an employment where minimum wages can be fixed?
Which of the following acts establishes the statutory minimum wage?
Which of the following acts establishes the statutory minimum wage?
What is the minimum frequency for revising minimum wages as mandated by the Minimum Wages Act, 1948?
What is the minimum frequency for revising minimum wages as mandated by the Minimum Wages Act, 1948?
Which of the following is NOT a method for fixing minimum wages under the Minimum Wages Act, 1948?
Which of the following is NOT a method for fixing minimum wages under the Minimum Wages Act, 1948?
The Minimum Wages Act, 1948 has how many schedules related to different types of employments?
The Minimum Wages Act, 1948 has how many schedules related to different types of employments?
Which of the following acts is based on the principle of welfare?
Which of the following acts is based on the principle of welfare?
Which of the following is NOT applicable to unorganized sector workers in India?
Which of the following is NOT applicable to unorganized sector workers in India?
Under the Minimum Wages Act, what designation cannot be appointed by the appropriate government for handling wage claim disputes?
Under the Minimum Wages Act, what designation cannot be appointed by the appropriate government for handling wage claim disputes?
Which of the following documents contains the methods for fixation/revision of minimum wages?
Which of the following documents contains the methods for fixation/revision of minimum wages?
Flashcards
What index does the government use for VDA adjustments?
What index does the government use for VDA adjustments?
The Central Government adjusts the Variable Dearness Allowance (VDA) to protect minimum wages from inflation by using the Consumer Price Index Number for Industrial Workers (CPI-IW). This index tracks changes in the cost of living for industrial workers.
What are the key responsibilities of the Central Advisory Board?
What are the key responsibilities of the Central Advisory Board?
The Central Advisory Board plays a crucial role in setting and revising minimum wage rates. It advises both Central and State Governments and coordinates efforts with state advisory boards.
Who are the members of the Central Advisory Board?
Who are the members of the Central Advisory Board?
The Central Advisory Board includes representatives from both employers, employees, and independent individuals. This ensures a balanced perspective when making decisions about minimum wages.
What happens if an employee works less than a full day?
What happens if an employee works less than a full day?
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When was the Committee on Fair Wage established?
When was the Committee on Fair Wage established?
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Minimum Wages Act 1948
Minimum Wages Act 1948
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Who is covered by the Minimum Wages Act?
Who is covered by the Minimum Wages Act?
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Methods for Setting Minimum Wages
Methods for Setting Minimum Wages
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How often are minimum wages revised?
How often are minimum wages revised?
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How does the Minimum Wages Act structure its schedules?
How does the Minimum Wages Act structure its schedules?
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Is the Minimum Wages Act a welfare legislation?
Is the Minimum Wages Act a welfare legislation?
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Does the Minimum Wages Act apply to the unorganized sector?
Does the Minimum Wages Act apply to the unorganized sector?
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Who can handle minimum wage claims?
Who can handle minimum wage claims?
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Study Notes
Minimum Wages Act 1948
- Statutory minimum wages are fixed under the Minimum Wages Act, 1948
- Appropriate government sets minimum wage rates for specified employment types.
- These employment types are detailed in Schedule I, Part I, II and updated under section 27.
- Methods for determining minimum wages include notification and committee methods, but not bargaining.
- Minimum wages are revised at least every 5 years.
Minimum Wage Act 1948 - Other Details
- The Minimum Wages Act operates across different industry types not a single schedule.
- Welfare acts like the Mica Mines Labour Welfare Funds Act, Iron Ore Mines Labour Welfare Funds Act, and Dock Workers (Safety, Health, Welfare) Act are based on welfare principles, but not the Minimum Wages Act.
- The Central Advisory Board advises on minimum wage establishment and revisions for both Centre and state governments.
- The board comprises employers, employees, and independent members.
- For employment with less than the required hours for a normal working day, the wages for the full day are still applicable.
- The Committee on Fair Wage provides guidelines for wage structures in the country. This Committee was constituted in 1948.
- The appropriate governments can set minimum wage for employment with 250 employees or more.
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