HomeNewsTrendsCurrent AffairsGovt hikes minimum wage; Unions stick to Sept 2 strike call

Govt hikes minimum wage; Unions stick to Sept 2 strike call

Finance Minister Arun Jaitley, who heads an informal group of ministers constituted to address labour issues, said the minimum wages for unskilled non-agricultural workers will be hiked to Rs 350 per day from the current Rs 246.

August 31, 2016 / 08:02 IST
Story continues below Advertisement

Seeking to dissuade labour unions from a nationwide strike on September 2, the government today announced 42 percent minimum wage hike and a two-year bonus, but the trade bodies rejected these measures as "completely inadequate" and stuck to their call.

Finance Minister Arun Jaitley, who heads an informal group of ministers constituted to address labour issues, said the minimum wages for unskilled non-agricultural workers will be hiked to Rs 350 per day from the current Rs 246.

Story continues below Advertisement

Also, the government employees will be paid a wage bonus as per revised norms, for 2014-15 and 2015-16, a move that will entail a payout of Rs 1,920 crore.

Other 'labour-friendly' moves included amendment in the Payment of Bonus Act and government support the cause of unions in high courts and the Supreme Court.