So, the debate these days is around fixing of a minimum wage for the entire country, which could help fuel the engines of economic growth. But there is also a counter-view that a steep hike in minimum wages may actually lead to job cuts in an economy beset with so much unemployment. I reiterate that this is only a sampling of some of the best content I read through the week, with a dash of my own thoughts and ideas.Increase in minimum wages: The ultimate engine to fuel growthThe Union Cabinet recently approved the Code on Wages Bill, which proposes to make minimum wages a statutory right for all citizens. The Bill, which was tabled in Parliament in the monsoon session, proposes a monthly minimum wage to be set across India, which will be binding on all the states. According to the company, China leads the fraudsters in food industry.

Source: Economic Times August 20, 2017 08:48 UTC