Minimum Wage Washington 2024 Impact On India

Minimum Wage Washington 2024 Impact On India. India is set to replace its minimum wage system with a living wage system by 2025. The code on wages, 2019 which has been notified on 8th august, 2019 universalises and creates a statutory right of minimum wages for all workers whether in organized or unorganised sector.

This ensures that the employee’s statutory benefits are adequately calculated. The code on wages, 2019 which has been notified on 8th august, 2019 universalises and creates a statutory right of minimum wages for all workers whether in organized or unorganised sector.