What Is Minimum Wage In Nm 2024 India

What Is Minimum Wage In Nm 2024 India. As of september 2023, the national minimum wage in india stands at 178 indian rupees (inr) per day, equivalent to approximately $2.16 usd. The central government increased minimum wages for unorganised sector workers from october 1, 2024, by increasing variable dearness allowance (vda) the central.

India plans to transition to living wages by 2025 with ilo’s support, exceeding current minimum wage levels. To combat rising living costs, the central government has increased minimum wages for workers in the unorganised sector.