Variable Dearness Allowance: Prime Minister Narendra Modi’s central government is currently implementing numerous schemes for the impoverished, women, and farmers. The Modi government is actively providing financial assistance to those in need. The central government is currently running a variety of schemes that are benefiting millions of people.
In this context, the Modi government has enhanced the celebration of Diwali by presenting a substantial gift to the country’s workers. Actually, the government has amended the Variable Dearness Allowance for the workers and has announced to increase the minimum wage rate to Rs 1,035 per day. So let us tell you in detail how much money the workers are going to get every month after this announcement…
On Thursday, the Modi government has made a strong increase in the minimum wage rates given to the workers. According to a PTI report, the Ministry of Labor stated that the government made this decision to assist workers in coping with the rising cost of living.
The latest amendment has increased the minimum wage rate for unskilled workers in Sector A by Rs 783 per day. Accordingly, they will now get Rs 20,358 every month.
The minimum wage of skilled workers, clerks and unarmed watchmen or guards has been increased to Rs 954 per day. Accordingly, his monthly wage will now be Rs 24,804 per month. Whereas, Highly skilled workers will now get Rs 26,910 every month, their minimum wage has been increased to Rs 1035 per day.
When will the increased rates be applicable
The new rates for workers will be effective from next month i.e. October 1, 2024 and they will be given benefits from April 2024. This is the second amendment of this year, before this the change was made in the month of April.
