2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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2016
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2014
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2020
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2018
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Detailed explanation-1: -The Wage Rate Index (WRI) is being compiled and maintained by the Labour Bureau. New series of WRI with base 2016=100 is going to replace old series with base 1963-65.
Detailed explanation-2: -The government recently revised the base year for the Wage Rate Index (WRI) to 2016, replacing the old series, which had the base year of 1963-65.
Detailed explanation-3: -Agencies Ministry of labour on Wednesday released a new series of Wage Rate Index (WRI) with base year 2016, being compiled and maintained by the Labour Bureau, an attached office of the ministry.
Detailed explanation-4: -Minimum Wages in India is expected to reach 178.00 INR/Day by the end of 2022, according to Trading Economics global macro models and analysts expectations.
Detailed explanation-5: -The Delhi government has announced that effective from October 1, 2022, the wages of unskilled workers will be increased from INR 16, 506 to INR 16, 792, semi-skilled workers from INR 18, 187 to INR 18, 499, and skilled workers from INR 20, 019 to INR 20, 357.