Trade unions' demands on minimum wages absurd
India’s elite trade unions, who represent just around 4-5% of the country’s 450 million workforce, don’t seem to get the big picture—at a time when employment growth has all but ground to a halt, all central trade unions have started a two-day strike. Apart from the monetary losses the strike will cause—R10,000-15,000 crore per day—what the unions are asking for is completely divorced from what the workforce needs.
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