University School of

Business
Bachelor of Business
Administration

Industrial Relations and

Labor Laws
20BAT-375
Fixation and
Revision of DISCOVER . LEARN .
Minimum Wages EMPOWER
 Fixation and
Revision of
Minimum Wages
Course Outcome
CO Title Level
Number

CO1 Understanding of the concept of Rememb

industrial relations, functioning of trade er
Will be covered in this
unions and legal Machinery for handling   lecture
industrial disputes.

CO2 Knowledge of protective and social Understa

security laws of India and their
application.
CO3 Understanding of the role of ILO in
regulating industrial relations, importance
of collective bargaining and workers’
participation.
nd
  https://www.vskills.in/
Apply certification/tutorial/
minimum-wages-act-1948/

2
 Introduction
• The Minimum Wages Act intends to provide for fixing of minimum
rates of wages in certain employments.
• The minimum rates of wages will be reviewed or revised, for every
five years, by the appropriate government.
 Minimum Rates of Wages

• Any minimum rate of wages fixed or updated by the appropriate

Government in respect of scheduled employments under section 3
consists of

1. The basic rate of wages and a special allowance which varies with the
cost of living index.
2. The basic rate of wages with or without allowance for the cost of
living allowance based on the cost of living index number.
3. All inclusive rate is allowing for the basic rate of wages with the cost
of living allowance and cash value of concessional supply of
materials.
 Fixation and Revision of
Minimum Wages
• The appropriate government can add any employment, to the
schedule(part-I or part – II), wherein one thousand or more
employees are found working.

• Different minimum rates of wages can be fixed for different

scheduled employments/ different classes of work /different
localities.
 Procedure

• There are two different modes of procedure for Fixing and Revising

Minimum Wages under Section 5.

• The Two Modes are as follows:

1. Appointment of Committee

2. Publication of Proposals in the Official Gazette

 Summary
• The relevant State government will set the prescribed minimum
wages under this Act. The wages which are paid by an employer
should not be lesser than the specified minimum wages
Assessment Pattern

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 Applications

• •HRCompensation
Budgeting

• •Manpower
Quality ofallocation
work life

• •Performance management
Protection of worker rights

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 REFERENCES

• Reference Books- Mamoria &Mamoria, Dynamic of Industrial Relations

in India, Himalaya Publishing House, New Delhi

• Reference Journal for advance study-Journal of Labor Research, Springer

• Reference Website-

https://labour.gov.in/sites/default/files/
TheMinimumWagesAct1948_0.pdf
https://www.indiacode.nic.in/handle/123456789/1730?
sam_handle=123456789/1362

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THANK YOU

For queries
Email: amrit.usb@cumail.in

Jaspreet.mba@cumail.in