Minimum Wage Increase 2025 In India. Trading economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and. India is planning to replace its minimum wage system with a living wage by 2025, seeking assistance from the international labour organization (ilo) to develop a framework.
India is working with the ilo to establish a living wage standard that covers housing, healthcare, food, education, and clothing expenditure. Here’s how 2025’s minimum wage hikes could impact workers, businesses, and the economy.