Minimum Fair Living Wages

Summary

Minimum wage is the legally mandated lowest wage employers must pay. Fair wage is higher, based on industry standards. Living wage covers basic needs but is not legally enforced. Minimum wage is governed by the minimum wages act, 1948, while living wage is discussed under the code on wages, 2019. Fair wage lacks specific legal enactment. Consult legal resources for further clarification.

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Sections
If you're asking about the legal sections related to minimum, fair, and living wages in India:
- Minimum Wage: Governed by the Minimum Wages Act, *.
- Fair Wage: Falls under guidelines and industry norms, but not a specific legal enactment.
- Living Wage: Discussed under the Code on Wages, *, but not legally enforced.
Let me know if you'd like details on any specific law.