Question

Tick the correct option.
WAGES OF PEOPLE WORKING IN A MARKET ARE LOW AS-
A)government is not paying attention.
B)their employers are exploiting them.
C)the workers are more but work is less.
D)their wages have not been fixed by government.

Answer 1

Despite there is a Minimum wages act that provides for minimum wages to be paid as per law to both skilled and unskilled workers. This act provides for a minimum wage that it not only guarantees bare subsistence that is not only basic necessities of life but also provides for education, medical requirements and some level of comfort to the workers. The act seeks to protect the interest of the workers. Wages of people are low because:
Poor implementation of the law from government side.
Labours are exploited by their employers on small wages.
There is more availability of labour where as the demand is low.
Though the wages are minimum wages as per minimum wages act it is not implemented on the ground in reality.