Bihar’s revision of minimum wages for employees employed in the scheduled employments effective 1/4/2023
Contents News/Article Date: 31st March 2023
Relating to which Act: The Minimum Wages Act 1948
Applicable to which State: Bihar
Type: By the Order of the Governor of Bihar No. 5/M.W./40/16/2021/L&R / 1687 dated 31/3/2023
Pertains to: Different categories of employees employed in the scheduled employments in the State of Bihar
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And in this instance: In exercise of the powers conferred by section -3 of the Minimum Wages Act, 1948 (XI of 1948), read with clause (B) of subsection(1) of Section-5 of the said act, the Governor of Bihar is pleased to introduce the formula for Variable Dearness Allowance in the minimum rates of wages fixed! revised for the different categories of employees employed in the scheduled employments mentioned in column-02 of Schedule 1(B) here to appended for the months shown in column-i of the said schedule shall be shown in column-04 of the schedule 1(A) for the purpose of clause (d) of section -02 of the said Act.
India Consumer Price Index on which the minimum rates of wages have been fixed/revised in the above-scheduled employment. There will be an increase or decrease in the wage of rates shown in column – 4 with the rise or fall as the case may be in aforesaid in the wage of rates shown in the column – 4 with rise or fall as the case may be in aforesaid index of the above-scheduled employment and will be deemed as Variable Dearness Allowance components. But even if the Index falls below the point on which minimum rates of wages have been fixed/revised there will not be any reduction in the minimum wages fixed/revised. The payment of variable Dearness Allowance on the basis of the average index of July -December 2022 will be payable at the aforesaid rates from 1st April 2023 and thereafter increase or decrease in the amount of variable Dearness Allowance will be based on the average of All India Consumer Price Index number for every six months and will be applicable after the expiry of three months after said period of six months.
Subject: Bihar’s revision of minimum wages for employees employed in the scheduled employments effective 1/4/2023
Attached is the notification