Latest Minimum Wages for Shops and Establishments in Madhya Pradesh - October 2024
The Government of Madhya Pradesh has issued a notification (Notification No. 5/11/Inv/five/2024/29501-750) announcing the revised minimum wages for workers in shops and establishments, effective from October 1, 2024. The new rates apply to various categories of employment and reflect the adjustments in the Variable Dearness Allowance (VDA). These revisions are crucial for employers to ensure compliance with state labor laws and for workers to understand their entitlements.
Key Changes in the Revised Minimum Wages
The minimum wages in Madhya Pradesh have been revised based on the class of employment and include an update in the basic wages and VDA. The following table provides the updated wage structure:
Class of Employment | Basic Per Day | Basic Per Month | VDA Per Day | VDA Per Month | Total Per Day | Total Per Month |
---|---|---|---|---|---|---|
Unskilled | 250.00 | 6500.00 | 143.00 | 3725.00 | 393.27 | 10225.00 |
Semi-skilled | 271.42 | 7057.00 | 154.81 | 4025.00 | 426.23 | 11082.00 |
Skilled | 324.42 | 8435.00 | 154.81 | 4025.00 | 479.23 | 12460.00 |
Highly Skilled | 374.42 | 9735.00 | 154.81 | 4025.00 | 529.23 | 13760.00 |
These rates are applicable for all establishments registered under the Madhya Pradesh Shops and Establishments Act, 1958.
Importance of Complying with Minimum Wage Laws
Employers in Madhya Pradesh must adhere to these updated wage rates to avoid penalties and ensure their workforce is paid fairly. It's critical to update payroll systems and inform employees of these changes. Additionally, employers should regularly monitor notifications for any further revisions to the minimum wage.
For more details, refer to the official notification issued by the Madhya Pradesh government (Notification No. 5/11/Inv/five/2024/29501-750).
Source: https://labour.mponline.gov.in/Portal/Services/Shram/DMS/Citizen/Display_Documents.aspx?Sid=8
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Previous Notification Madhya Pradesh Minimum Wages Apr 2024
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