Odisha Minimum Wages Notification October 2024 – Revised Rates & Structure

Introduction:

The Government of Odisha has announced a revision in the minimum wages for various categories of workers across 91 scheduled employments, effective from October 1, 2024. This revision follows the half-yearly adjustment of the Variable Dearness Allowance (VDA) as per the All India Consumer Price Index (AICPI) for Industrial Workers. The wage hike ensures that workers are compensated fairly in response to inflation and rising living costs. Let’s explore the updated wage rates and their impact on Odisha's workforce.

Notification Details:

As per Notification No. 5308-LESI-LL1-III-0081-2017/LESI, dated 18.07.2024 and the corresponding updates in Notification No. 6471 and Notification No. 6477, the Government of Odisha Vide Notification No. 6432/LC has implemented a new Variable Dearness Allowance (VDA) of ₹2 per day for all worker categories. This increase is based on the Consumer Price Index, which showed a rise from 138.8 to 139.6, resulting in an increase of 0.8 points.

Revised Minimum Wage Rates (Effective from October 1, 2024):

The following table highlights the new minimum wage rates for various categories of workers in Odisha, including the VDA adjustment:

Impact of the New Wages:

The updated minimum wage structure ensures that workers in Odisha are protected from the impact of inflation, allowing them to maintain a decent standard of living. The increase is modest, but significant enough to address the cost of basic needs. Employers across Odisha are required to adhere to these new rates to comply with the state's labor laws.

Sample Salary Structure:

Here’s a sample salary structure based on the new minimum wage rates:

These structures help businesses calculate wages that comply with the revised notification and ensure that their workers are paid fairly.

Conclusion:

The Odisha Minimum Wages Notification October 2024 is a significant update for both employers and employees. It reinforces the state’s commitment to adjusting wages in line with inflation, ensuring that workers continue to receive fair compensation. Employers should ensure that they implement these new rates promptly to stay compliant with state regulations.

For further details, refer to the official notifications issued by the Labour Commissioner of Odisha.

Source: https://labourdirectorate.odisha.gov.in/notifications-guidelines

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Odisha_Minimum_Wages_Notification_October_2024.pdf

Previous Notification

Odisha Minimum Wages Notification July 2024