Labor Laws
MINIMUM WAGES ACT, 1948 The minimum Wages Act1948 is a welfare legislation enacted for statutory fixing the minimum remuneration payable to workers employed in industries where the payment was and substantially lower than that of similar industries. The purpose of minimum wages Act is to provide that no employer shall pay to workers in certain categories of employment wages at rates less than the minimum wages prescribed by notifications under the Act. The provisions of minimum wages act are intended to achieve the object of doing Social Justice to workmen employed in the scheduled employments by prescribing minimum rates of wages for them. The object of the Act is to provide for fixation of minimum wages in certain employments to prevent exploitation of ignorant or less organized or less Privileged members of society by Capitalist Class. Background The minimum Wages Act is an off-shoot of the resolution passed at the minimum Wages Fixing Machin...