Labour Productivity In Indian Industry

The book provides a comprehensive coverage to the course, content and requirements of the research scholars and for those preparing for higher studies. It will be useful not only for the students, teachers and research scholars but also for the executive who work in Steel Industry. The present book analyses the movement of productivity in Indian industries, particularly iron and steel industry in India. The central purpose of the study is to examine the comparative movement of productivity in steel industry of public sector and private sector with a particular reference to Bokaro steel plant. The study has been grouped under ten chapters. The first three chapters cover the study of the concept of labour productivity, wages and profits. The statistical study of the effect of technical factors and the human factors on productivity of Bokaro steel plant stretch to the following three chapters. Whereas, chapter seven, eight and nine are devoted to the study of the trend in wages and profits as well as their correlationship with productivity. Conclusion of the study presents the author?s view with regard to the measures to be adopted in order to bring upon a desired improvement in the productivity of steel industry. The rapid development of the economy on the one hand and the central objectives of the present Indian society on the other, from the general perspective of our analysis. The approach adopted in this study is regarded to the relationship among different variables in relevant for analysis of any other industry in the context of a developing economy. The study has to reckon with the social realities relevant to the functioning of the industry. It also does not ignore the accepted principles of equity and social justice. In essence, however, the analysis is made on economic plane, and the observations on policy are based on economic considerations.