The central government on Thursday announced a hike in the minimum wage rates for workers by revising the variable dearness allowance up to Rs 1035 per day. A statement from the Ministry of Labor said that this adjustment is aimed at helping workers cope with the rising cost of living. The new wage rates will be effective from October 1, 2024. The last revision was done in April 2024.
The central government has increased the wages of unorganized sector workers by revising the variable dearness allowance (VDA). It aims to help workers cope with the rising cost of living. The new wage rates will be effective from October 1, 2024. The last revision was done in April, 2024.
Workers will get the benefit of this
Workers employed in various sectors including building-construction, loading-unloading, sweeping, cleaning, housekeeping, mining and agriculture under central sector establishments will get the benefit. The minimum wage rates have been classified into unskilled, semi-skilled, skilled and highly skilled as well as A, B and C category based on geographical area.
Minimum wages for workers
After the amendment, the minimum wage rate for unskilled workers engaged in construction, sweeping, cleaning, loading and unloading in Geographical Area-A will be Rs 783 per day (Rs 20,358 per month), and for semi-skilled workers it will be Rs 868 per day (Rs 22,568 per month).
Retail inflation for workers
At the same time, the wage rate for skilled workers will be Rs 954 per day (Rs 24,804 per month) and for highly skilled workers it will be Rs 1,035 per day (Rs 26,910 per month). The central government revises the VDA twice a year based on the six-month average increase in retail inflation for industrial workers, which becomes effective from April 1 and October 1.
