ILO Report on Indian Workers

  • IASbaba
  • March 19, 2021
  • 0
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ILO Report on Indian Workers

Part of: GS Prelims and  GS – III –  Economy; Employment 

In news

  • ‘Global Wage Report 2020-21: Wages and minimum wages in the time of COVID-19’ was recently released.
  • Released by: International Labour Organisation 

Key takeaways 

  • The Report comments on various issues including on Indian workers having low average wages, longer hours. 
  • It also reported that the workers in Asia and the Pacific enjoyed the highest real wage growth among all regions over the period 2006–19.
  • The report has taken into account the National Floor Level Minimum Wage which is Rs.176/- per day. 
  • However, actual wages are far higher.
  • If the median of the minimum wages in different states is drawn, it would be Rs.269/- per day in India.

Do you know? 

Code on Wages, 2019 

  • It universalises and creates a statutory right of minimum wages for all workers whether in organized or unorganised sector.
  • A new concept of statutory floor wage has also been introduced in the Code on Wages.
  • The Code also provides that the minimum wages are to be ordinarily reviewed and revised by the appropriate Governments in intervals not exceeding five years.

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