Kathmandu: An agreement has been reached between the government, employers, and labour unions to set the minimum wage for workers at Rs 19,550 per month. The new wage structure is effective starting today.
According to National News Agency Nepal, the agreement was finalized during a tripartite meeting at the Ministry of Labour, Employment and Social Security. This decision marks an increase from the previous minimum monthly wage of Rs 17,300. The agreement coincides with the commencement of the new financial year 2082/83.
As outlined in the agreement, the monthly basic wage is set at Rs 12,170 with an additional dearness allowance of Rs 7,380. The daily basic wage is calculated at Rs 470, supplemented by a dearness allowance of Rs 284. For part-time workers, the minimum wage per hour will be Rs 107, while full-time workers will receive a basic wage of Rs 63 per hour plus a dearness allowance of Rs 38.
The review of the minimum wage aligns with Section 107 of the Labour Act, 2074 BS, which mandates a biennial review. The Ministry of Labour has clarified that this new wage applies to all workers, excluding those employed in estate and tea gardens.
Minister for Labour, Employment and Social Security Sharat Singh Bhandari emphasized the need for all parties to work diligently to ensure the effective implementation of the new wage structure.
Pradeep Koirala, Coordinator of the Minimum Wage Determination Committee and Joint Secretary of the Ministry of Labour, highlighted that the agreement was reached after extensive consultation and coordination among all stakeholders, including workers.
Chandra Prasad Dhakal, President of the Federation of Nepalese Chambers of Commerce and Industry, expressed support for the agreement, noting its importance for maintaining sustainable labour relations. He praised the transparent discussions and the flexibility demonstrated by all parties involved.
Janak Chaudhary, a representative of the Joint Trade Union Coordination Center (JTUCC), hailed the agreement as a triumph for workers, emphasizing that it was the first time their voices were included in such negotiations. He also stressed the need for strong monitoring to ensure the agreement’s implementation.