The minimum wages as fixed under the minimum wages act 1948 must be revised at least once in
Answers
The minimum wages, as per the Minimum Wages Act of 1948 must be revised within a period of not less than 5 years, with a provision to increase Dearness Allowance every 2 years.
The Minimum Wages Act 1948 is an Act of the Indian Parliament, which sets minimum wages, that skilled and unskilled workers are entitled to and which the employer is bound to pay. This is calculated as the income a worker has to get, to enjoy a basic standard of living which would ensure him good health, dignity, education and provision for any contingency.
The minimum wages, as per the Minimum Wages Act of 1948 must be revised at least once within 5 years.
On the other hand, the Dearness Allowance must be increased in every 2 years.
According to the Minimum Wages Act 1948 of Indian Parliament sets the amount of minimum wages that must be provided to the unskilled and skilled workers.
The employers are liable to pay that particular amount.