How Will Punjab's Modest Minimum Wage Increase Impact Inflation and Workers?

The Punjab Government has revised the Minimum Wages from ₹4,268 to ₹4,568, with a slight increase of ₹300. However, considering the inflation, everybody was expecting an increase of ₹1,000, which would surely affect the inflation rate.

The notification is attached for your reference.

Regards,
Vikas Sharma
Asst. Manager - HR
Sunstar Overseas Ltd,
(M) - [Phone Number Removed For Privacy Reasons]

You can't bifurcate Minimum Wages into Basic & HRA. Therefore, Basic can't go down from Minimum Wages. Basic = Minimum Wages.

Regards, Vikas

Thanks, Vikas!

The Punjab Government has revised the minimum wages in the state for the second time with effect from 01.09.2012. A copy of the same is available here to download.

Minimum Wage Revision by Punjab Government

The Punjab Government has revised the minimum wage from Rs. 5200 to Rs. 5695, reflecting an increase of Rs. 495. Please find the notification attached for your reference.

Regards,
Vikas Sharma
Assistant Manager - HR
Sunstar Overseas Ltd
(M) - [Phone Number Removed For Privacy Reasons]