Prøve GULL - Gratis

National minimum wage unchanged for eight years

Financial Express Hyderabad

|

October 17, 2025

Labour experts say millions hit as wages aren't hiked to at least factor in inflation

- SURYA SARATHI RAY

THE NONBINDING NATIONAL Floor Level Minimum Wage (NFLMW) has remained unchanged since 2017, a situation that could worsen the income crisis among vast sections of population, mainly daily-wage workers.

Proper and timely revision of NFLMW by the Centre, typically conducted once every two years and factoring in the rise in the consumer price index for industrial workers (CPI-IW), would have enabled millions of workers in sectors like plantations and services to benefit from the economy's buoyancy and escape poverty, provided states has followed the norm.

Since it has only persuasive value, the Centre can only request the states and union territories to fix and revise the minimum wages for all scheduled employments in their respective domains, ensuring they are not below the NFLMW.

“The NDA government has taken credit for having passed the Wage Code in August 2019. In fact, none of the four labour codes has been implemented. Minimum wage is the bare minimum a worker should get. If it is not revised periodically, labour welfare will be seriously affected. It is time for the NDA government to implement the Wage Code and establish a statutory national floor-level minimum wage, which will benefit millions of workers,” said labour economist K R Shyam Sundar.

Barring a couple of states, most of the states keep mini-

INCOME DISPARITY

FLERE HISTORIER FRA Financial Express Hyderabad

Financial Express Hyderabad

Food inflation in negative zone for sixth month

RETAIL FOOD INFLATION remained in the negative zone for the sixth consecutive month in November when it came in at (-) 3.91%, largely driven by base effect and subdued prices of vegetables, cereals, pulses, meat, eggs and spices.

time to read

1 min

December 13, 2025

Financial Express Hyderabad

NTPC to float global bids for mega nuclear reactors soon

STATE-RUN NTPC IS planning to float a global tender for large nuclear power plants with a combined capacity of 6-10 gigawatts (GW) soon, marking India’s largest power producer’s graduation to utility-scale production of nuclear energy.

time to read

1 min

December 13, 2025

Financial Express Hyderabad

Cabinet approves Oman FTA text

SIGNING DURING PM'S UPCOMING VISIT

time to read

1 min

December 13, 2025

Financial Express Hyderabad

Top-10 stocks will start to outperform: DSP Netra

THE OUTPERFORMANCE PHASE is restarting for the top 10 companies in terms of market capitalisation, DSP Netra said in a report citing recent trends.

time to read

1 mins

December 13, 2025

Financial Express Hyderabad

China prepares $70 bn in chip sector incentives

MAY ROLLOUT A 200-500 BN YUAN FUND PLAN FOR CHIP INDUSTRY

time to read

1 min

December 13, 2025

Financial Express Hyderabad

House panel demands updated air quality norms ‘at the earliest’

A PARLIAMENTARY PANEL on Friday asked the Centre to come up with the updated India’s National Ambient Air Quality Standards “at the earliest”, noting that the standards were last revised in 2009.

time to read

1 min

December 13, 2025

Financial Express Hyderabad

Ozempic adds to growing...

NOVO NORDISKCLAIMS it also reduces cardiovascular and renal risks.

time to read

1 min

December 13, 2025

Financial Express Hyderabad

Reforms engine gathers steam: Cabinet clears key Bills

ADDITIONALLY, THE BILL aims to relax current restrictions on the repatriation of dividends and key management personnel for foreign-owned firms, thereby boosting ease of doing business.

time to read

3 mins

December 13, 2025

Financial Express Hyderabad

Vinesh returns to the mat, eyes medal at 2028 Games

STAR WRESTLER VINESH PHOGAT on Friday announced that she would be coming out of retirement to take another shot at an elusive Olympic medal at the 2028 Los Angeles Games as the “the fire never left” her and was merely buried under “exhaustion and noise”.

time to read

1 mins

December 13, 2025

Financial Express Hyderabad

Nov retail inflation rises to 0.71% from Oct series-low

PROSPECTS OF FEBRUARY RATE CUT BRIGHTEN

time to read

1 mins

December 13, 2025

Listen

Translate

Share

-
+

Change font size