-Livemint.com The ‘State of Working India’ report by Azim Premji University shows that the low wage is so evident that people earning Rs. 50,000 or more constitute just 1.6% of the total workforce in India New Delhi: Despite economic growth and gradual formalization of the workforce, low wages and wage growth remain key challenges with 57% of regular employees earning Rs. 10,000 or less a month, a new report published on Tuesday...
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Indian wage disparities worry UN body
-The Telegraph New Delhi: India's state governments often set their Minimum Wages lower than the recommended national Minimum Wage, decided by the Union labour ministry, a report by the International Labour Organisation has said. It has added that the Minimum Wages often show large inter-state variations, unrelated to the cost of living, for the same kind of job. This is because the Minimum Wages Act of 1948 does not say on what...
More »Over One Lakh Farmers and Workers Are Marching in Delhi. Here's Why. -Kabir Agarwal
-TheWire.in Organised by the All India Kisan Sabha, the farmers' and workers' demands range from an upward revision of Minimum Wages to remunerative prices for peasants. New Delhi: On August 29, Vijoo Krishnan, joint secretary of the All India Kisan Sabha (AIKS), was nervous. He reached the Ramlila Maidan in the evening and found it almost entirely submerged under water due to consistent rainfall and poor drainage mechanisms. “I thought to myself,...
More »Rural wage growth killed by demonetisation; fell from 11% to mere 0.45% in last 3 years, shows Ind-Ra data -Pragya Srivastava
-The Financial Express India’s rural wage growth has slumped from an average of 11% in the financial years 2013-15 to a mere 0.45% in the financial years 2016-18, due to the negative impact of demonetisation, a report said. An analysis of 25 different occupations in rural areas by India Ratings showed that rural wage growth slumped to decimal points from double-digit in last three years despite government support. India Ratings noted that...
More »ILO Wage Report Paints a Sorry Picture of Economic Inequalities in India -Anumeha Yadav
-TheWire.in Real average daily wages improved between 1993-94 and 2011-12, but gains of growth have bypassed casual workers, women and rural areas. Over the past two decades, India became one of the two fastest growing economies in the world, alongside China. The gross domestic product (GDP) has risen four folds since 1993. But has this growth been distributed to lower economic inequality? Has the increase in wages matched the pace of growth...
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