How Will the Provisional Minimum Wage Increase in Punjab Affect You Starting March 2014?

Provisional Increase in Minimum Wage Rates

The State Government has further increased the minimum rates of wages for different categories of employees in respect of several scheduled employments on a provisional basis. This is due to the ongoing consideration of shifting Consumer Price Index numbers from the existing CPI index of (1987-100) to the (2001-100) series. The said increase is only on a provisional basis.

Thus, the State Government has enhanced the minimum rates of wages with effect from 01.03.2014. The increase in wages is as follows:
- For monthly rated employees: Rs. 200.00
- For daily rated employees: Rs. 7.70
- For hourly workers: Rs. 0.96

The details of enhanced minimum rates of wages for monthly rated, daily rated, and hourly rated employees under different categories are provided in the attachment.

Dear Colleagues,

Revision in Basic Salary under the BOCW Act

There has been a revision in the "Basic Salary" of Maharashtra under the BOCW Act, effective from 3rd March 2014. A copy of the notification is enclosed for your reference.

Thanks,
Pankaj Kumar