The federal government has notified guidelines governing the structure and capabilities of the central advisory board below the Code on Wages, paving the best way for the federal government to provoke work on a nationwide floor-level minimum wage.
The Code on Wages prescribes for a statutory floor-level minimal wage for the nation. The federal government is eager to roll out the 4 labour codes from April 1, and therefore the necessity for figuring out the minimal floor wage on the earliest.
No state can set their minimal wage under the nationwide floor-level minimal wage. The present flooring wage is just advisory, leading to some states retaining minimal wages lower than the ground wage, which is pegged at Rs 176 per day.