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Labour Min hikes minimum wages for central sphere workers from Oct 1
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financialexpress.comThe Ministry of Labour and Employment has revised the rate of variable dearness allowance for 1.5 crore central sphere workers. The hike, which will be effective from October 1, will result in an increase in the minimum wages for central sphere employees and workers.
“At a time when the country is struggling with COVID-19 pandemic, in a major relief to different category of workers engaged in various scheduled employments in the central sphere, the Ministry of Labour & Employment has notified and revised the rate of Variable Dearness Allowance (VDA) with effect from October 1, 2021,” a ministry statement said.
The VDA is revised on the basis of average Consumer Price Index for industrial workers (CPI-IW), a price index compiled by the Labour
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