The Minimum Wages Act, 1948

The Minimum Wages Act, 1948, is an Indian law designed to prevent the exploitation of workers in certain industries by legally fixing minimum rates of wages, ensuring a basic standard of living and social justice, applying to unorganised labour in scheduled employments, and allowing the Central and State Governments to set varying rates based on the cost of living and region. It mandates timely payment, equal pay for men and women, and provides for revision of wages every five years.