Minimum Wages in India remained unchanged at 178 INR/Day in 2023 from 178 INR/Day in 2022. Minimum Wages in India averaged 105.25 INR/Day from 1996 until 2023, reaching an all time high of 178.00 INR/Day in 2019 and a record low of 35.00 INR/Day in 1997. source: Ministry of Labour & Employment

Minimum Wages in India is expected to reach 178.00 INR/Day by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the India National Floor Level Minimum Wage is projected to trend around 178.00 INR/Day in 2025 and 190.00 INR/Day in 2026, according to our econometric models.




Related Last Previous Unit Reference
Employment Rate 47.20 46.80 percent Sep 2024
Labor Force Participation Rate 50.40 50.80 percent Sep 2024
Minimum Wages 178.00 178.00 INR/Day Dec 2023
Population 1386.18 1373.76 Million Dec 2023
Retirement Age Men 60.00 60.00 Years Dec 2024
Retirement Age Women 60.00 60.00 Years Dec 2024
Unemployment Rate 10.10 7.80 percent Oct 2024
Wages 21103.00 21036.00 INR/Month Jun 2024

India National Floor Level Minimum Wage
In India, National Floor Level Minimum Wage (NFLMW) is the minimum wage below which no state government can fix the minimum wage. This is a non-statutory measure to ensure upward revision of minimum wages in different states. The central government introduced the NFLMW in 1996.
Actual Previous Highest Lowest Dates Unit Frequency
178.00 178.00 178.00 35.00 1996 - 2023 INR/Day Yearly