Article;
Growth Improves Wages More Than MNREGA
Comment;
Subsidizing
wages will not let the market to equate it with productivity and will suppress
real wages, and, will result in ballooning fiscal deficit as happened in the US
with no real reason. In the US real wages are far below the productivity levels
but the government has reduced this gap by fringe benefits which have become a
burden now and the government is trying to pull back its support. We should let
the market decide that what the real wages should be according to productivity...
No comments:
Post a Comment