It has been abolished all over India with effect from October 1975 by Bonded Labour System (Abolition) Act, 1976. The Act enjoins discharge of any obligation, debts etc. from bonded labour. The States are implementing the Act. The incidence of bonded labour is still coming from States like Andhra Pradesh, Bihar, Gujarat, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Orissa, Rajasthan, Tamil [...]
In this essay we will discuss about the wage policy for the workers in India. After reading this essay you will learn about:- 1. Historical Survey of Wage Policy before Independence 2. Wage Policy since Independence 3. Wage Policy under Sixth Plan 4. Objectives of a Growth-Oriented Wage Policy 5. National Wage Policy 6. Assessment of Wage Policy. Essay on [...]
This article throws light upon the twelve main determinants used for estimating industrial wages in India. The determinants are: 1. Living Wage 2. Nutritive Needs 3. Family Budget Inquiries 4. Relative Wages 5. Leap-Frogging 6. Equal Remuneration for Work of Equal Value 7. Capacity of Industry to Pay and Profits 8. Capacity of Individual Undertakings 9. Company Accounts and Public [...]