Minimum Wage Guaranteed The concept of a Universal Minimum Wage called described as basic income guarantee, Citizen’s Income, unconditional basic income in some countries, will be very soon implemented in India as well; albeit only for workers across all industries.
Showcasing a healthy mixture of socialism, and labour reforms, with healthy doses of welfare schemes, Universal Minimum Wage is a warmly debated topic across the world.
Its implementation in India would be a mammoth task, costing the national exchequer billions of additional expenditure.The question now arises is, whether India can afford such socialist measure? And more importantly, does India really […]
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