Wage Productivity Relationship In Indian Public Sector

This is a pioneering attempt which has determined the quantitative relationship between the parameters (i) Money wage and productivity, and (ii) Real wage and Productivity, covering a wide range of data on production, employment, money wage, real wage, productivity and wage-share in Indian Public Sector. This book has determined the nature of relationship between wage and productivity in Eastern Coalfield Limited, Bharat Coking Coal Limited, Indian Steel Industry and Indian Railway Industry which are the leading public enterprises in Indian Economics. Thus, this book on Industrial Economics is considered as a pioneering research work in the area of Labour-Managerial Economics. Review ``Issues relating to wages have remained polemical. However, it is agreed that labourers deserve resonable wages which should be based on both productivity and cost of living. Wages assume importance as they serve as an incentive for the labourers. Students of Industrial Economics will find this book useful''. I. Satya Sundaram, Southern Economist, May 96, Bangalore