Kerala Minimum Wages CPI Notification Jul 2024
Stay updated with the latest Kerala Minimum Wages CPI Notification for Jul 2024. Understand the new CPI numbers and their impact on minimum wages for agricultural and industrial workers.
Kerala Minimum Wages CPI Notification Jul 2024 - Latest Update
The Government of Kerala has recently released the Consumer Price Index (CPI) numbers for Jul 2024, impacting the minimum wages of both agricultural laborers and industrial workers. This update is crucial for understanding the adjustments in minimum wages, ensuring fair compensation that reflects current economic conditions.
Understanding the CPI Notification
The CPI numbers, as detailed in the official notification No.DES/1251/2024-P3(1) dated 12/09/2024, provide valuable insights into the cost of living adjustments for workers. These indices are essential for maintaining the purchasing power of wages amidst inflationary pressures.
Revised Minimum Wages Table
Implications for Workers
The updated CPI numbers indicate a slight increase in the cost of living, leading to corresponding adjustments in minimum wages. This ensures that workers in different sectors can maintain their purchasing power and meet their basic needs despite inflation.
Conclusion
The Kerala Minimum Wages CPI Notification for July 2024 is a critical document that affects the livelihoods of many workers in the state. By staying informed about these changes, employers and employees alike can better understand and navigate the economic landscape.
Download Notifications
Kerala_minimum_wages_cpi_notification_jul_2024.pdf
kerala_minimum_wages_notification_basic_2016.pdf