Section 7 of COW : Section 7: Components Of Minimum Wages
COW
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Explanation using Example
Imagine that the government of a state in India has decided to revise the minimum wage for construction workers due to an increase in the cost of living. According to Section 7 of The Code on Wages, 2019, the government has three options:
- They can set a basic wage and add a separate cost of living allowance that will be adjusted periodically to match the changes in the local cost of living index.
- Alternatively, they could establish a basic wag...
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