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A Study on Role of Enforcing Minimum Wage Policy in Promoting Equality and Social Justice in an Economy: A Case of Indian Economy

Subbiah, Arasu Karthikeyan (2021) A Study on Role of Enforcing Minimum Wage Policy in Promoting Equality and Social Justice in an Economy: A Case of Indian Economy. Masters thesis, Dublin, National College of Ireland.

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Abstract

Purpose: The research has the key purpose of examining minimum wage policy of India, as assess its role in promoting equality and social justice in India, wherein, a focus on examining the current state, issues and ways to overcome issues and ensuring effective enforcement has been made.

Methodology: In order to examine the research purpose, an empirical inquiry, utilising a semistructured method to collect qualitative data has been conducted. The sample for the semistructured interview comprised 6 Indian economic experts who are selected using the purposive sampling technique. The gathered views of the interviewees are analysed using the thematic analysis technique.

Findings: Based on the evidence gained from India, the enactment of minimum wage policy involving several equality issues/concerns, concerning regional disparity, complex mechanism, diversely varied minimum wage rates, poor rate of compliance, low minimum wage rate, gender-based disparity, no clear definition of methods and urban-rural gaps. In this, the enforcement of minimum wage policy is examined to play a pivotal role in promoting equality and social justice in India by improvising welfare of low-paid workers, reducing pay gaps, unduly low pay issues, reducing regional disparity, poverty, uplifting poor and disadvantaged segment of society and reducing exploitation of labour.

Item Type: Thesis (Masters)
Uncontrolled Keywords: Minimum Wage Policy; Equality; Social Justice; India
Subjects: D History General and Old World > DS Asia
H Social Sciences > HD Industries. Land use. Labor > Issues of Labour and Work > Remuneration
Divisions: School of Business > Master of Science in Management
Depositing User: Clara Chan
Date Deposited: 10 Feb 2022 16:17
Last Modified: 10 Feb 2022 16:21
URI: https://norma.ncirl.ie/id/eprint/5417

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