(Published in MTimes 15 02 2019)
The National Minimum Wage was set at Rs 8,000 a month, effective from year ending 31st December 2017 and 8,500 as from year ending December 2018. From the preliminary observations of the National Minimum Wage Council, one can easily see that a more detailed analysis is needed to isolate the impact of the minimum wage on the economy from the customary or annual trend.