India plans to replace its minimum wage system with a living wage framework endorsed by ILO by 2025.
India plans to replace its minimum wage system with a living wage framework by 2025, endorsed by the International Labour Organization (ILO). The living wage concept includes income needed for essentials like housing, food, healthcare, education, and clothing. With over 500 million workers in the unorganized sector, this shift aims to accelerate poverty alleviation efforts and align with India's commitment to the United Nations' Sustainable Development Goals (SDGs) by 2030.
March 25, 2024
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