Important features of the minimum wages act 1948. This act fixes the minimum rates of wage in certain employments.
Importance Of Minimum Wages Act 1948. Last updated on 1 year by admin lb introduction the minimum wages act is to fix minimum wages to the workers including skilled or unskilled workers in the industry. As per this act, the central and state governments establish a minimum wage for payment to all employees.
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India is one of the developing countries with a number of unemployed, therefore the employers exploit the manual. The minimum wages act, 1948, was one of india’s first legislation related to the working rights of labourers. (1) this act may be called the minimum wages act, 1948.
Wages Concepts and Theories
This act fixes the minimum rates of wage in certain employments. This lead to the enactment of the minimum wages act, 1948. Minimum wages act came into force to protect the. The act has been passed to secure to the labourers a minimum limit of wages in certain employments.
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An act to provide for certain benefits to employees in case of sickness, maternity and employment injury and to make provision for. Minimum wages act came into force to protect the. That is, the wage paid for the work done should not be lesser than the. An act to provide for fixing minimum rates of wages in certain employments. “he.
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In view of this fact, legislature and parliament stepped in to control the excess of employer by enacting minimum wages act in the year 1948. Minimum wages act was first enacted by the central legislative assembly in the year a 1948. The minimum wages act, 1948, was one of india’s first legislation related to the working rights of labourers. Minimum.
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Minimum wages act, 1948 [11 of 1948] an act to provide for fixing minimum rates of wages in certain employments. “he who works is entitled to a fair remuneration which may enable him to live a life consistent with human dignity”. Company and compensation law lesson: The act applied to certain employments (listed in the schedule). Pay fixing experts were.
