Yes, people benefit from the minimum wage rate implementation as this way the employers cannot exploit the workers.
What is the minimum wage rate in India?
In the long-term, the India National Floor Level Minimum Wage is projected to trend around 185.00 INR/Day in 2023 and 190.00 INR/Day in 2024, according to our econometric models. For purposes of the employer shared responsibility provisions, a full-time employee is, for a calendar month, an employee employed on average at least 30 hours of service per week, or 130 hours of service per month.
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