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<h1>Central Government Sets Floor Wage Based on Living Standards; No Reduction if Existing Wages Exceed This Minimum.</h1> The Central Government is empowered to set a floor wage based on the minimum living standards of workers, allowing for variations across different geographical areas. The minimum wages established by the appropriate government must not fall below this floor wage. If existing minimum wages exceed the floor wage, they cannot be reduced. Before setting the floor wage, the Central Government may seek advice from the Central Advisory Board and consult with State Governments as prescribed.