Q6) With reference to National Floor-Level Minimum Wage choose the correct statement(s):
1) The National Floor-Level Minimum Wage (NFLMW) was hiked to 160 rupees per day from 137 rupees per day in effect from 1st July, 2015
2) It was implemented for the first time in 1996 on the basis of the recommendations of the National Commission on Rural Labour (NCRL) under the Minimum Wages Act, 1948
3) Its purpose is to have a uniform wage structure and to reduce the disparity in minimum wages across the country
Code:
All 1, 2 & 3
Ans:6)(d)National floor-level minimum wage (NFLMW) was implemented for the first time in 1996 on the basis of the recommendations of the National Commission on Rural Labour (NCRL) under the Minimum Wages Act, 1948. Its purpose is to have a uniform wage structure and to reduce the disparity in minimum wages across the country.