Minimum Wages Act, to be amended soon: Labour Minister
Union Minister for Labour and Employment, Bandaru Dattatreya has said that the Minimum Wages Act, 1948 will be amended to make minimum wages statutory and binding. Talking to media persons in Chennai on the sidelines of the Southern Regional Conference of State Labour Ministers and senior officials, he said minimum wages for unskilled, semiskilled and skilled labour currently remain only advisory in nature. The Payment of Bonus Amendment Act 2015 has been passed by the Parliament, providing for better coverage of Employees Provident Fund (EPF) and Employees State Insurance Corporation(ESIC) facilities, though its implementation is delayed as employers went to the courts.He said he hopes for an early resolution to it. The minister said, nationwide, select ESI hospitals will be upgraded into 100-bedded and 30-bedded hospitals in the next two years to give tertiary care to subscribing workers. He informed that establishments have been mandated to credit wages directly into th...