In a market economy wage rates are dependent on a number of factors such as production, demand, labour mobility, geographical factors, cost of living etc. Both Central and State government intervene in the labour market with a view to fix minimum wages in respect of scheduled employments for which they are the appropriate governments.
Comparative statements indicating wages for farm workers and Industrial workers for the years 1999-2000 and 2009-2010 are given in Annexure I and II respectively.
The Minister of State for Labour & Employment Shri K.Suresh gave this information in reply to a written question whether the farm labourer’s average daily wages have more than doubled during the last decade due to short supplies while industrial workers have to be happy with 63 percentage rise due to recent slowdown.
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