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Feb 9, 2024 · The article seeks to provide a brief analysis of the Minimum Wages Act, 1948. An attempt has been made to identify the operating provisions of the Act and the changes brought under the minimum wage law through the Code on Wages, 2019. Introduction. Need for minimum wages. History of minimum wages.
Scope and Objective of the Minimum Wages Act. To safeguard that the employee has a basic physical necessity, proper health, and comfort. Ensure that the labor gets fair wages. To ensure that the labor lives a decent life and have a respectable name in society.
The Minimum Wages Act 1948 is a legislative labor law that stipulates wages for both skilled and unskilled laborers in India. Development Of The Concept Of Minimum Wage.
Dec 6, 2019 · The Minimum wages Act, 1948 brought about a revolution in the employees’ wage systems because the relief provided in this Act provides for complete protection from exploitation of manual labour at the workplace.
The objective of this Unit is to explain briefly: Philosophy and content of minimum wages. Need for fixing minimum wages by legislation. Provisions of the Act and their administration and enforcement. Strength and weakness of the Act and future trands. Important case law on minimum wages. Structure. 19.1 Introduction. 19.2 Minimum Wages and ILO.
The Minimum Wages Act 1948 is an act of parliament concerning Indian labour law that sets the minimum wages that must be paid to skilled and unskilled labours.
THE MINIMUM WAGES ACT, 1948. ACT NO. 11 OF 1948 1* [15th March, 1948.] An Act to provide for fixing minimum rates of wages in certain employments. WHEREAS it is expedient to provide for fixing minimum rates of wages in certain employments; It is hereby enacted as follows:-- 1.1. Short title and extent. 1.
