Legislation such as the Minimum Wages Act, 1948 aims to protect workers' interests from "summary" of Industrial Relations and Labour Laws, 6th Edition by S.C. Srivastava
The Minimum Wages Act, 1948 is a legislative measure designed to safeguard the interests of workers in India. This Act establishes a legal framework for determining and enforcing minimum wages, thereby ensuring that workers are not exploited or underpaid by their employers. By setting a floor on wages, the Act aims to provide workers with a decent standard of living and protect them from economic vulnerability. Under the Minimum Wages Act, 1948, the appropriate government is empowered to fix and revise minimum rates of wages for different categories of workers. These rates are determined based on various factors such as the type of industry, skill level, and cost of living in a particular region. By establishing minimum wage standards, the Act seeks to prevent the exploitation of workers and promote social justice in the labor market. Moreover, the Minimum Wages Act, 1948 also contains provisions for the enforcement of minimum wages through the appointment of Inspectors and the establishment of Advisory Boards. Inspectors are responsible for ensuring compliance with the Act and investigating complaints of wage violations, while Advisory Boards provide recommendations on wage rates and other related matters. These mechanisms help to monitor and enforce the minimum wage provisions, thereby protecting the rights and interests of workers.- The Minimum Wages Act, 1948 plays a crucial role in safeguarding the interests of workers and promoting fair labor practices in India. By establishing minimum wage standards, enforcing compliance, and providing mechanisms for redressal, the Act seeks to create a more equitable and just working environment for all workers.