III
REVIEW OF payment & WAGE POLICY
12.130 Our ground of reference make only a tangential and incidental reference to the question of allowance and productivity. They do not form part of the fundamental focus of the assess that has been entrusted to us. Even so, it cannot be denied that wages and productivity are among the central concerns of workers as well as entrepreneurs. One seeks employment so that adept can attain a decent or dignified standard of living. The wage or income that one obtains from ones work is therefore, what enables one to achieve a fairly standard of living. One seeks a fair wage two to fulfil ones basic commands and to rule reassured that one receives a fair portion of the wealthiness that one works to generate for society. Society, in its turn, feels that it has a avocation to mark off a fair wage to all(prenominal) worker, to screen off starvation and poverty, to promote the growth of human resources, and to ensure social justice without which continuous threats to law and order whitethorn undermine economic progress. 12.131 But the resources to pay
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wages have excessively to be created. They have to come from the economic viability and profit of undertakings.
So those who run undertakings are concerned with their capacity to pay the wages that are considered to be fair both in terms of individual needs and the social obligation to citizens. 12.132 Our Constitution accepts the responsibility of the state to create an economic order in which all(prenominal) citizen finds employment and receives a fair wage. One of the soonest decisions taken by the government of free India was to set up a Committee to define a fair wage, and and lawful indicate means the for economic
ensuring a fair wage to every employed citizen. An examination of this question established the integral comparison between the quantum of the fair wage and the capacity to pay the wage, and the need to balance and constantly upgrade both to ensure a fair standard of life,...If you want to get a in force(p) essay, order it on our website: Orderessay
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