Are Minimum Wage Laws Doing More Harm Than Good To Low-Income Workers?


Source: ndtv.com ndtv.com
News Snapshot:

New Delhi: India’s new wage code, effective April 1, 2026, makes minimum wages mandatory across sectors. The move is meant to protect workers. But a new report argues it may be hurting the very people it seeks to help. A study released by the Foundation for Economic Development (FED) says India’s current minimum wage structure is so high that it has made legal hiring unviable for millions of low-skill workers. The report finds that nearly 64 per cent of Indian workers earn below the notified minimum wage. Even more striking, for almost half the workforce, hiring them would be illegal…