National minimum wage increased to Rs 17,500 per month

The Cabinet of Ministers granted approval to the proposal forwarded by the Minister of Labour and Foreign Employment to increase the national minimum salary by Rs. 5,000/- from Rs. 12,500/- to Rs. 17,500/- and to revise the employees’ national minimum wages act No. 3 of 2016 so that national minimum daily salary can be increased by Rs. 200/- from Rs. 500/- up to Rs. 700/-.

The increase was recommended by a tertiary sub committee comprised of trade unions and employers representing small and medium level entrepreneurs appointed under the recommendations of the National Labour Consultancy Board.