Latest Wage Revision News & Updates

Bengaluru, May 23 (IANS) The Chief Minister Siddaramaiah-led Karnataka government has issued a notification on Saturday increasing minimum wages for workers by an average of 60 per cent, a move expected to benefit more than one crore labourers across the state.With the latest notification, Karnataka has become the third state in the country to issue such a revised minimum wage notification after Uttar Pradesh and Haryana.Officials stated that the revision has been implemented in line with the Su…

New Delhi, Jan 23 (IANS) The Centre on Friday said it has approved the long-pending wage revision for Public Sector General Insurance companies (PSGICs) and National Bank for Agriculture and Rural Development (NABARD). The government also approved pension revision for retirees of Reserve Bank of India (RBI) and NABARD. A total of about 46,322 employees, 23,570 pensioners and 23,260 family pensioners across these organisations will benefit from these revisions.“The wage revision for the employe…