The rather stout silver lining to the runaway inflation we are - TopicsExpress



          

The rather stout silver lining to the runaway inflation we are dealing with. And I quote, It is other factors such as rise in minimum support price of food items, better realisations for food commodities in the international markets, shift of labour to the building industry due to a spurt in construction activity, coupled with a gradual withdrawal of women from the workforce due to a myriad of reasons, have caused the spike in wages, he said. Women instead of working in fields or working as agricultural labourers at the younger end have gone to schools and at the older end moved back into households. That is not an entirely bad development; in fact that reflects the greater wealth in rural areas, .... Following the rural jobs scheme, introduced in the run up to the 2009 hustings, rural wages have nearly doubled on an average and more than doubled in certain states, which pushed the process of food articles as the cost of production of food items also went up. .. There is an old view that you need the potential worker to be starved to make him come to work. It is not a modern view. What you want is a healthy, well educated, skilled worker today. We need to ensure that people have the ability to build up on those capabilities, he said.
Posted on: Mon, 18 Aug 2014 03:08:49 +0000

Trending Topics



Recently Viewed Topics




© 2015