Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/3836
Title: Wage determination in Indian manufacturing, 1950 to 1964
Authors: Verma, Pramod
Issue Date: 3-Jun-2010
Citation: Economic and Political Weekly, Vol. 7, Issue No. 22, 27 May, 1972
Abstract: The usual dilemma before a developing country seems to be having to choose between the com - peting objectives of social justice and economic growth. However, this paper claims that a judicious balance can be found in a situation of rising productivity which may lead not only to a higher rate of capital formation but also to a reasonable standard of living for the workers who can secure this by being organised. It is argued here that the wage variation in the Indian manufacturing sector has been influen - ced by increase in productivity. Yet, there is need for a wage policy which not only provides for an equitable sharing in the gains of productivity but also ensures the containment of inflationary pressures in the economy.
URI: http://hdl.handle.net/11718/3836
Appears in Collections:Journal Articles

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