Friend! Harsh Gupta has a piece (pdf) in the September issue of Pragati where he raises some of the fundamental issues of labour reforms.
A bit:
- ……..the Delhi government budget shows that it costs the government Rs.228,381 for a single placement! through employment exchanges.
- In the United States, for instance, David Neumark and William Wascher have found that it is .“fairly unambiguous.” that .“minimum wages reduce employment of low-skilled workers.” and that there is .“no compelling evidence that minimum wages on net help poor or low-income families.”.
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