Political Science, asked by RavinderSangha612, 1 year ago

Minimum wage is with respect to the should do unemployment are fixed or / an appropriate government explain

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Answered by Anonymous
4

Answer:

Fixation and revision of minimum wages

The Minimum Wages Act 1948 generally specifies minimum wage rates on a per day basis, and extends to the entire country and is revised within a period of not less than five years, however there is a provision to increase dearness allowance every two years.

Answered by Anonymous
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Supporters of the minimum wage say it increases the standard of living of workers, reduces poverty, reduces inequality, and boosts morale. In contrast, opponents of the minimum wage say it increases poverty, increases unemployment because some low-wage workers "will be unable to find work

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