Jharkhand Minimum Wages VDA with effect from 01.04.2018
Jharkhand government issued Notification vide [No-2/MW-2071/2010 L&T- 592 Ranchi, Dated 26.03.2018 regarding Jharkhand Minimum Wages VDA with effect from 01.04.2018 for 73 Employments and details as follows.
In exercise of the powers conferred by section-3 of the Minimum Wages Act, 1948 (XI of 1948), the Governor of Jharkhand is pleased to declare that the consumer price index number applicable to the employees employed in employments mentioned in column-2 of the schedule below here to appended (herein after referred to as the scheduled employment) for the months shown in column-3 of the said schedule shall be as shown in column-4 of the schedule-1 for the purpose of clause (d) of section-2 of the said Act.
The rates of variable dearness allowance will be based on the average of all India Consumer Price Index on which the minimum rates of wages have been fixed/ revised in the above schedule employments. There will be increase or decrease in wage of rates shown in column-4 with rise or fall as the case may be in aforesaid Index of the above schedule employments and it will be deemed as variable dearness allowance component. But even if index falls below the points on which minimum rates of wages have been fixed/revised, there will be not be any reduction in the minimum wages fixed/revised.
The payment of variable dearness allowance on the basis of average Consumer Price Index of July-December, 2017, which is 2nd half of 2017, will be payable from 01.04.2018.
The Main Objective of Minimum Wages is to provide for fixing the minimum rates of wages in certain employments.
It provides for fixing minimum wages in certain employments where labour is ignorant or less organised and is vulnerable to exploitation.
The Act provides for the fixation of a minimum time rate, a minimum piece rate, a guaranteed time rate, an overtime rate appropriate to different occupations and different classes of workers.
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Source : Govt of Jharkhand