Assam government has prepared a draft proposal to revise minimum wages for workers and employees engaged under NREGA under the relevant provisions of Minimum Wages Act, 1948.
The minimum rates of wages fixed for different categories are Rs 208 per day for skilled work/clerical work and Rs 150 per day for semi-skilled/unskilled supervisory work, said an official release here on Sunday. A minumum rate of Rs 130 per day was proposed for unskilled workers who are engaged in agriculture, construction or maintenace of roads or in building operation, stone breaking or crushing, flood control, irrigation and public health engineering.
In addition to the rates of wages as may be revised, the workers/employees shall be entitled to variable dearness allowance (VDA) to the extent of 75 per cent of the rise or fall in the index point in the all India consumer price index for industrial workers.
Rates of VDA shall be revised after considering objection or suggestion received from any person or organisation on or before April 20 next.
Concerns are being expressed that the provision regarding the TRC would make it difficult for investors routing their funds from low-tax countries ...
Banks should have ambition to bring more people on Banking net