Average Daily Wage
Full Form of ADW
What is ADW?
Average Daily Wage (ADW) is a key economic indicator that represents the typical daily earnings of workers, especially in the unorganized sector. In India, ADW is widely used by the Ministry of Labour and Employment to monitor wage trends and set minimum wage rates. It is particularly important in the context of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), where the government guarantees a specified ADW for rural households. The calculation involves dividing the total wage paid by the total number of person-days worked. ADW data helps policymakers assess the economic well-being of low-income groups and implement targeted welfare schemes. For competitive exams like UPSC, SSC, and state PCS, questions on ADW often appear in the economics and labor sections. Understanding ADW is crucial for analyzing rural labor markets and the effectiveness of employment programs.
ADW का फुल फॉर्म
औसत दैनिक मजदूरी
Example
The ADW for agricultural laborers in the state was calculated to be ₹350 per day for the MGNREGA scheme.