Implementation of Minimum Wages Act, 1948
The implementation of the Minimum Wages Act, 1948, has varied across different sectors in India, and its impact on workers’ welfare has been significant, albeit with challenges.
- Formal Sector: The implementation is more effective in the formal sector, where employment tends to be organized and regulated. Workers have better-paid conditions as a result.
- Informal Sector: A part of India’s labor force works in the informal sector which is a challenge. Workers in agricultural, construction and small-scale enterprises may not themselves know what their rights are or find it hard to enforce them.
- Enforcement Challenges: The implementation of the Act is difficult because resources are inadequate, labor department personnel understaffed and employees unaware.
Minimum Wages Act, 1948
Minimum Wages Act, 1948: The minimum wages act of 1948 formulates a legal method to assess reasonable compensation, as well as address economic injustices and prevent exploitation. The Act applies to a wide range of industries and types of employment. The government is able periodically to revise or adjust minimum wage rates based on variable factors including cost of living in society and skill levels.
In this article, we will look into the applicability, provisions, objectives, features, implementation, and recent updates of the Minimum Wages Act of 1948.
Table of Content
- What is Minimum Wages Act?
- Applicability of Minimum Wages Act
- Minimum Wage Under the Minimum Wages Act 1948?
- Key Provisions of the Minimum Wages Act 1948
- Objectives of Minimum Wages Act 1948
- Features of Minimum Wages Act 1948
- Implementation of Minimum Wages Act, 1948
- Challenges in the Enforcement of Minimum Wages Act 1948
- Recent Amendments and Updates about Minimum Wages Act