Ensure Rs 400 per day min wage to achieve 'Asli 400 paar', Cong asks PM

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Ensure Rs 400 per day min wage to achieve 'Asli 400 paar', Cong asks PM - Business Standard

Quick Summary:

Flagging the issue of "decline in real wages", the Congress on Thursday said Prime Minister Narendra Modi has been delivered a "stinging rebuke by voters" in his efforts to reach "400 paar" in the Lok Sabha but the Budget offers him the chance to achieve "Asli 400 paar" of a nationwide minimum wage of Rs 400 per day.

"A combination of slow wage growth and back-breaking inflation has caused an unprecedented decline in real wages (wages adjusted for price rise)," he said in a statement.

Congress general secretary in-charge communications Jairam Ramesh said multiple data sources, including the government's own official statistics, are unanimous in showing that workers can buy less today than they could 10 years ago.