Forget toxic shortcuts
The Ministry of Labour is clearly more ignorant than the young boy at a job fair in Gwalior who told us: “Give me a monthly salary of Rs 4,000 in Gwalior, Rs 6,000 in Gurugram, Rs 9,000 in Delhi, and Rs 18,000 in Mumbai; my bags are packed, so tell me where you want me to go.” The proposal for national minimum wages of Rs 18,000 is like the Mahatma Gandhi National Rural Employment Guarantee Scheme – a rigged benchmark – and will murder formal sector job creation by mandating wages not linked to cost of living.
This article is on the national minimum wage which will murder formal job creation the youth needs and corrode competitive federalism. And this is an authored article by Manish Sabharwal Co-Founder and Executive Chairman and Sonal Arora Vice President, TeamLease Services Limited.
Minimum wage code bill 2017: Base pay will differ for states and geographical areas
The new Wage Code Bill which, if passed by the Parliament, will seek to set minimum wages for different states and geographical areas. This will ensure that no State Government fixes the minimum wage below the National Minimum Wages for that particular area as notified by the Central Government.
Rituparna Chakraborty, Co-Founder and Senior Vice President, TeamLease says that instead of the centre it is the state governments that are in the best position to decide the minimum wages because they have a better view of is required locally and have a better understanding of the economics of their
The code on Wages Bill 2017 states that the Central Government, before fixing the national minimum wage, may obtain the advice of the Central Advisory Board which will have representatives from employers and employees. Therefore the Code will provide for a consultative mechanism before determining the national minimum wage, said the statement from Press Information Bureau.
Protecting Employee Interest: Why trade unions must embrace labour law reforms
Article Written by Sonal Arora, Vice President TeamLease. Formation of trade unions alone will not solve employee problems; we need an overhaul of labour laws, and trade unions must work with the government, employers and employees towards reforming labour laws. This will boost job creation in the formal sector.