Wage price productiviy of leadings sectors in India

By:

"Sahoo, Basudeb"

Material type: Text

TextPublication details: New Delhi; Ajanta; 1988Description: 216pISBN:

8120201817

Subject(s):

Wage price policy India

DDC classification:

331.2 SAH

Summary: One of the formidable constraints on the growth of a developing economy is its vulnerability to the inflationary rise of wage and price. The problem becomes critical when productivity stagnates or moves at a slower pace. The issue of wage-price-productivity link is vital and complex. Such an issue in respect of the crucial sectors of our economy has immense significance. The present study makes a modest attempt to examine the wage-price- productivity link in mining, plantation and transport sectors of our economy for about 3 decades. It assesses the impact of the changes in wage, price and productivity of these sectors on (al the condition of the workers and (b) economic performance of the sectors. While bringing out the causal relationship, if any, between the changes in wages and problems and prospects of the Industries as reflected through wage, profit, and employment over a period. The study is comprehensive, statistical and analytical. Based in the findings and analysis, the study offers some suggestions for healthy relationship between wage, price and productivity in the concerned sectors.

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Holdings
Item type	Current library	Call number	Status	Date due	Barcode	Item holds
Books	Gandhi Smriti Library	331.2 SAH (Browse shelf(Opens below))	Available		42288

Total holds: 0

One of the formidable constraints on the growth of a developing economy is its vulnerability to the inflationary rise of wage and price. The problem becomes critical when productivity stagnates or moves at a slower pace. The issue of wage-price-productivity link is vital and complex. Such an issue in respect of the crucial sectors of our economy has immense significance.
The present study makes a modest attempt to examine the wage-price- productivity link in mining, plantation and transport sectors of our economy for about 3 decades. It assesses the impact of the changes in wage, price and productivity of these sectors on (al the condition of the workers and (b) economic performance of the sectors. While bringing out the causal
relationship, if any, between the changes in wages and problems and prospects of the Industries as reflected through wage, profit, and employment over a period.
The study is comprehensive, statistical and analytical. Based in the findings and analysis, the study offers some
suggestions for healthy relationship between wage, price and productivity in the concerned sectors.

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