minimum

DMPQ: What is Minimum Support Price? How will MSP rescue the farmers from low income trap?

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Minimum support price is the government scheme to safeguard the interest of the farmers. GOI declares the MSP of various agricultural produce and assures the farmers that their agriculture produce will be purchased at the MSP. The Food Corporation of India acts as the Nodal agency of the GoI. MSP scheme is implemented through state … Read more DMPQ: What is Minimum Support Price? How will MSP rescue the farmers from low income trap?

DMPQ : What do you understand by the term Minimum wage? What are the issues attached with minimum wages?

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Minimum wages is the minimum wage to be given to workers as per rule and law. The non payment or below payment of wages attract Penalty and sanctions. As per the International Labour Organisation India wage report one in every three wage workers in India is not protected by the minimum wage act. As per … Read more DMPQ : What do you understand by the term Minimum wage? What are the issues attached with minimum wages?