Quantcast
Channel: Gateway House » minimum wage
Viewing all articles
Browse latest Browse all 2

India’s Guaranteed Joblessness

0
0

New Delhi has made its share of economic mistakes in recent years, but its marquee employment program is in a league by itself. The scheme, which began in 2005 to offer social security to millions of rural poor, is instead shunting those people into expensive underemployment while real employers struggle to find workers. It’s such a disaster that one branch of the government this month asked another temporarily to stop enforcing the law. The Mahatma Gandhi National Rural Employment Guarantee Act, as the jobs scheme is now called, promises 100 days of work per year to the unemployed at a minimum daily wage currently around 120 rupees ($2.70). Since this is higher than the lowest pre-existing private-sector daily wages in many areas, the program has encouraged workers to shift from private employment to the public dole.

 

The post India’s Guaranteed Joblessness appeared first on Gateway House.


Viewing all articles
Browse latest Browse all 2

Latest Images

Trending Articles



Latest Images