Workers' minimum wage raised by Rs 2,250
Kathmandu, July 23 —
The minimum wage for workers in Nepal has been increased by Rs 2,250, raising it to Rs 19,550 per month for the next two years. The new rate was agreed upon in a tripartite meeting between the government, employers, and trade unions held on July 16.
The recommendation was submitted to the government on July 17 and officially published in the Nepal Gazette on July 21. According to Article 107 of the Labour Act, 2074, the minimum wage must be reviewed every two years.
This is the first time the minimum wage has been set through a tripartite agreement, involving consensus from all stakeholders. Labour Minister Sharat Singh Bhandari welcomed the agreement, calling it a positive step toward effective implementation with shared responsibility.
Pradeep Koirala, Joint Secretary at the Ministry of Labour and coordinator of the Minimum Wage Determination Committee, said the deal was reached after extensive consultations and discussions.
Chandra Dhakal, President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), also supported the agreement, saying it helps build long-term, stable labor relations and was made possible through flexibility from all sides.
Previously, the minimum wage was Rs 17,300.
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