Unhappy with govt plan to raise minimum wage, traders meet Delhi Labour Minister

By: |
New Delhi | August 08, 2016 10:48 PM

Two days after Delhi Labour Minister Gopal Rai announced plan for increasing minimum wages by 30-40 per cent, a group of city traders today met him and raised concerns over the government's move.

Delhi, Delhi news, Delhi updates, delhi latest news, Gopal Rai, Gopal Rai news, Gopal rai Updates, bus service scheme, bus service scheme app, india, india newsAbout 24 representatives of trade and industry bodies met Gopal Rai and demanded reconsideration of the plan.(Reuters)

Two days after Delhi Labour Minister Gopal Rai announced plan for increasing minimum wages by 30-40 per cent, a group of city traders today met him and raised concerns over the government’s move. About 24 representatives of trade and industry bodies met Rai and demanded reconsideration of the plan. Last week, the minister had said a 13-member advisory committee, which was constituted by the Labour Department in April to revise minimum wages, will submit its report in the next few days.

Subsequently the decision on fixing minimum wages for all working class – unskilled, semi-skilled and skilled – will be taken, he had said. One of the representatives said they gave examples of neighbouring states where minimum wages are lower than those in the city even at the current levels.

He said increase in minimum wages will hit small manufacturers who would be “forced to relocate”. The last revision of minimum wages in the city was done in 1994. However, the Labour Department has been notifying increase in Dearness Allowance (DA) twice a year – April and October – which is based on All India Consumer Price Index No (CPIN).

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Delhi Judge sets aside order on release of seized oxygen concentrators to courts, police
2SC orders release of prisoners to decongest jails amid COVID-19 second wave
3Avoid over-reliance on foreign drugs in COVID-19 treatment: HC