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Cabinet nod to increase national minimum wage to Rs. 17,500

The Cabinet of Ministers in Sri Lanka has approved a proposal to increase the national minimum wage by Rs. 5,000. As a result, the minimum wage will rise from Rs. 12,500 to Rs. 17,500. This decision comes following a recommendation from a tertiary subcommittee composed of trade unions and small to medium-level entrepreneurs appointed under the National Labour Consultancy Board. The initial minimum wage of Rs. 12,500 was established by the National Minimum Wage of Workers Act No. 03 of 2016.

Cabinet nod to increase national minimum wage to Rs. 17,500 | Daily Mirror

Daily Mirror
2024-03-27