According to a research released, more than two-thirds of blue-collar workers in India make less than Rs 15,000 per month. According to a survey from payroll management app Salarybox, women in the workforce made an average of Rs 12,398 per month, 19% less than their male coworkers, highlighting the country's significant gender pay gap.
Less than 15% of the employment base earns between Rs 20,000 and Rs 40,000 per month (on average, Rs 25,000), demonstrating the difficulty the great majority of Indians face in obtaining even a living income, according to the data.
It's interesting to note that most businesses pay employees less than the Central Pay Commission's (CPC) minimum wage of Rs. 18,000 per month. The study's data source includes over a million employed workers from more than 850 districts across the nation.
In addition, the survey indicated that men make up 73% of the workforce, compared to women who make up only 27% of the workforce. With an average monthly wage of Rs 8,300, workers in the garment and textile sectors, grocery, kirana, and general stores, as well as supermarkets, are compensated at the lowest end of the pay spectrum.
“Economic development is still not translating into enough jobs for the yearly influx of educated young people entering the workforce. A much bigger proportion of Indians work in the informal sector, and they have been hit hard in recent months by increasing inflation, particularly in food prices,” said Nikhil Goel, SalaryBox CEO and co-founder, in a statement.Agencies
