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The Gov. may raise the minimum wages in the country by as much as 25% and also make them binding on all states, a move aimed at improving the lifestyle of the poor and giving an indirect boost to the rural economy.
I.Unskilled workers will get motivated to move into semi-skilled and skilled category for a better lifestyle
II.It will help the gov to cut expenditure on social sector programmes and generate demands in the economy.
If only 1 follows
If only 2 follows
If either 1 or 2 follows
If neither 1 nor 2 follows
If both 1 & 2 follow
The increase in the min wages by the gov will help to provide livelihood to the workers, and save the money spent on social programmes. hence, option 2 is the correct answer.
By: Amit Kumar ProfileResourcesReport error
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