Increase in Base Rate is also under Consideration: Labor Minister
Punjab Newsline, Chandigarh, March 21-
A proposal to increase the minimum wages in punjab is under consider of the labour department. This information was provided by Punjab’s Labor Minister, Tarunpreet Singh Sond, while Responding to a Question during the Punjab Vidhan Sabha Session Today.
Responding to a question by Mla Kulwant Singh Regarding WHETHER ANY Proposal under Consideration of the government to increase the minimum wages in Punjab in Punjab in View of the control Confirmed that such a proposal is indeed under consider.
He explained that minimum wages are increasing in two ways. One way is that adjustment of minimum wages is done twice a year from March 1 and September 1, according to the increase/ decrease in the consumer price index. Accordingly, The Last Increment/Revision was on 1.9.2024 and the next increase/revision will be from 1.3.2025, which will be done in a less days, the minister added.
