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Minimum Wages Act

The Minimum Wages Act was first enacted by the Central Legislative Assembly in the year 1948. The primary intention behind this act was to bridge the wage disparity between different work persons in employment.  This Act fixes the minimum rates of wage in certain types of employment. That is, the wage paid for the work done should not be less than the amount suggested by the Act.

 

The objective of Minimum Wages Act 1948

The primary objective of this Act is to ensure that every worker is paid the minimum amount of wage prescribed for the particular job. This, in turn, reduces the chances of workers getting exploited in the hands of their employers.

As per the Act, the Government has to take the steps to fix the minimum wage rates and revise the same at the interval of every five years. Also, it has the power to appoint advisory committees to provide just representation of the employers as well as employees.

 

Minimum Wages Act Applicability

The provisions of the Minimum Wages Act apply to every employment that employs more than 1000 personnel in a State. Also, it applies to all the States of India, except Jammu & Kashmir.

Unless specifically consented by the Central Government, the provisions of this Act do not apply to the employees of the undertaking owned by the Central Government or Railways.

 

Definition of Wages as per Minimum Wages Act, 1948

Section 2 of the Act defines ‘wages’ as remuneration that is capable of being represented in the form of money. This may include the House Rent Allowance but would exclude the amount paid as the value of house accommodation, supply of water, electricity and medical, traveling allowance, contribution to the pension fund, provident fund or insurance, gratuity, or any other special expenses paid by the employer.

 

Fixing of Minimum Rates of Wages

(1) The minimum rate of wages fixed or revised by the appropriate Government in respect of scheduled employment under section 3.

(2) The cost of living allowance and the cash value of the concessions in respect of supplies of essential commodities at concessional rates shall be computed by the competent authority at such intervals and by such directions as may be specified or given by the appropriate Government.

 

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