The Minimum Wages Act, 1948

The Minimum Wages Act, 1948

The Minimum Wages Act, 1948

It is an Indian labor legislation that empowers government authorities to set minimum wages for skilled, semi-skilled, and unskilled labor in specified “scheduled employments”. It aims to prevent exploitation, ensure a subsistence wage, and revise rates periodically (at least every five years) based on cost-of-living indices.