For factory and industrial workers, the government now plans to make it mandatory for payments to be made only through cheque or directly into their bank accounts, against the current practice of paying cash.
Modi government is leaving no stone unturned to convert India into a cashless economy. For factory and industrial workers, the government now plans to make it mandatory for payments to be made only through cheque or directly into their bank accounts, against the current practice of paying cash. According to a TOI report, the move is in line with demonetisation and also aimed at ensuring that workers are paid the minimum wages stipulated by the Centre and states, senior government sources told TOI. Workers whose wages do not exceed Rs 18,000 per month will be covered under the new rule. “One of the reasons for ineffective enforcement of payments of wages to workers is the payment of wages in cash… With the passage of time, technology has undergone a sea change. A large section of employed persons now have bank accounts,” sources told TOI. “The time has come to adopt technology, as emphasised by Digital India.”
Opening of bank accounts at the grassroot level can be done easily under the Jan Dhan Yojana as a result government feels that this measure will be easy to implement. “This will not only promote transparency but also help in reducing the grievances of employees related to non-payment of minimum wages,” a source todl TOI, adding that the states of Andhra Pradesh, Uttarakhand, Punjab, Kerala and Haryana have made/initiated provisions in the said Act for payment of wages to the employed persons either by cheque or through credit into bank accounts.