New Delhi, Dec. 1- 6.30% in 10 years, The number of low-wage workers in India has declined by 6.30% in the last 10 years, the International Labour Organization (ILO) has said in its report.
The international Organization
The International Labour Organization (ILO) on the 28th released a report titled ‘Global Wage Report 2024-25: Is wage inequality decreasing globally?’.
In this, the number of low-wage workers and non-permanent wage workers, including both, has decreased by 11% in the last 10 years, on average, those earning less than 50% of the average hourly wage per year.
List of those earning less than 50 percent of the average hourly wage
- India 9.50
- Pakistan 9.40
- Nepal 10.50
- Bangladesh 11.20
- Sri Lanka 25.90
It further stated: In India, the number of low-wage and non-permanent workers declined at an annual average rate of 6.30 and 12.70 percent, respectively, over the 10-year period from 2008 to 2018.
In countries with a high proportion of low-income workers, the annual average decline in wage inequality over the past 20 years ranged from 3.20 percent to 9.60 percent.
In recent years, global wages have been growing faster than inflation. This is stated
