what is the minimum wage rate in india
List of minimum wages by country Some countries may have a very complicated minimum wage system; for example, India has more than 1202 minimum wage rates.[1]
Finance Commission Major Recommendations of 14th Finance Commission headed by Prof. Y V Reddy
Wage Seventy-five million workers earned hourly wages in the United States in 2012, making up 59% of employees.[9] In the United States, wages for most workers are set by market forces, or else by collective bargaining, where a labor union negotiates on the workers' behalf. The Fair Labor Standards Act establishes a minimum wage at the federal level that all states must abide by, among other provisions. Fourteen states and a number of cities have set their own minimum wage rates that are higher than the federal level. For certain federal or state government contacts, employers must pay the so-called prevailing wage as determined according to the Davis-Bacon Act or its state equivalent. Activists have undertaken to promote the idea of a living wage rate which account for living expenses and other basic necessities, setting the living wage rate much higher than current minimum wage laws require. The minimum wage rate is there to protect the well being of the working class.[10]
Dividend yield Its reciprocal is the Price/Dividend ratio.
Decimalisation India changed from the rupee, anna, pie system to decimal currency on 1 April 1957.
Indian Engineering Services 21â€“30 years on 1 August of the year of Engineering Services Examination.[14]