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Press briefing of Cabinet Decision taken on 2019-09-24
Amending the National Minimum Wage of Workers Act, No.3 of 2016 enabling to increase the existing Minimum National Wage
- In terms of the National Minimum Wage of Workers Act, No.3 of 2016, The National minimum monthly salary of Rs.10,000/- (Rs.400x25) and the national minimum daily wage of Rs. 400/- (Rs.50x8) had been stipulated with effect from the 01st of January 2016. Considering the increasing cost of living, the approval of the Cabinet has been granted previously to amend section 3 of the said Act enabling to increase the existing national minimum wage of Rs. 10,000/- by Rs. 2,500/- up to Rs.12,500/- and the national minimum daily wage of Rs. 400/- by Rs.100/- up to Rs.500/-. Accordingly, the proposal made by H.E. the President at the request of the Non Cabinet Minister of Labour and Trade Union Relations to publish the draft Bill prepared by the Legal Draftsman amending section 3 of the National Minimum Wage of Workers Act, No.3 of 2016 in the Government Gazette and subsequently, to present it in Parliament for approval, was approved by the Cabinet.