36TH Full Time Programme In Planning & Entrepreneu...
...a decent salary
The
world is essentially not fair. And this is once again being vindicated by stepmotherly attitude shown towards the socalled unorganised sector, which in spite of contributing employment to 93% of India’s work force, does not even fall under the purview of Minimum Wages Act, Equal Remuneration Act and Workmen Compensation Act. The draft report prepared by Commission (headed by Rajya Sabha MP Arjun Sengupta) reveals that 70% of the unorganized sector work force is getting wages below what is stipulated under Minimum Wage Act. Even after decades of economic development, the minimum wages asserted for the lowest category of work remains stagnated at Rs.22.50 a day. Around 396 million people of this country survive on this measly wage by which they are supposed to cover their needs of food, shelter, education for children and healthcare. We know this is just next to impossible. It is high time that the Ministry of Labour for all its passionate talks, should make sure that the minimum wages should essentially include substantial sum to take care a family of three. Too big a demand??For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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1 comment:
Good point, though sometimes it's hard to arrive to definite conclusions
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