Employees, as per the notification, who currently receive more wages than that was decided in the notification will be eligible to continue receiving the higher wages
The state government of Kerala has announced the revision notification encompassing the minimum wages for workers in the electronics industry. The minimum wage rates, as per the notification, have been revised for posts starting from cleaner/sweeper to manager level.
The new wages revision order was signed by Kerala’s Minister for Labour V. Sivankutty. Employees, as per the notification, who currently receive more wages than that was decided in the notification will be eligible to continue receiving the higher wages.
These revision orders are a result of the findings that the subcommittee had submitted to the minimum wages advisory committee to the government. This subcommittee was appointed under the minimum wages advisory committee to study the matters.
Changes at the central level?
The government of India, in a bid to attract more electronic manufacturers to the country, is planning to introduce changes to the existing labour laws and IT Hardware Production Linked Incentive (PLI) scheme. The moves will be targeted towards ramping up domestic electronics manufacturing in India to $300 billion by 2025-26. The focus is also on setting up manufacturing units that would employ 40,000 to 100,000 individuals.
The government, as per an Economic Times report, is also considering to make changes in the IT hardware PLI scheme. These changes might be introduced within the next three months. The IT hardware PLI scheme currently extends incentives between 4 per cent and 1 percent on net incremental sales (over base year i.e. 2019-20) of goods manufactured in India and covered under the target segment, to eligible companies, for a period of four years.
“I discussed the issue of setting up manufacturing units, with a footprint of over 40,000 and up till 1 lakh, with the labour minister (Bhupendra Yadav),” Ashwini Vaishnaw, communications & IT minister had recently told reporters.