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Bihar Minimum Wages Notification 2019 by आई सी एस इंस्टीट्यूट is a document available to read on EtoBox.

1. The Governor of Bihar is introducing a formula for calculating Variable Dearness Allowance for minimum wage rates fixed or revised for different employment categories. 2. The formula uses the Consumer Price Index for Industrial Workers for the months from October 2016 to October 2019 with 2001 as the base year to calculate the changed index number for the base year of 1960-100. 3. The average of the changed index numbers for the 6 month period from July 2019 to December 2019 is calculated to be 7395.

Author
आई सी एस इंस्टीट्यूट
Language
EN