2024 Minimum Wage Poster India. — in response to the rising cost of living, the central government revised variable dearness allowance (vda), resulting in a substantial increase in minimum wage rates. — the central government has announced an increase in minimum wage rates through a revision of the variable dearness allowance (vda).
India’s central government increased minimum wage rates applicable to workers in the unorganized sector yesterday from october 1, 2024. Minimum wages in india is expected to reach 178.00 inr/day by the end of 2023, according to trading economics global macro models and analysts expectations.
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