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Economic research monograph on wage rates in the Indian coal mining industry - covers the evolution of the wage structure and wage policy, labour supply problems, the role of trade unions in wage determination, fringe benefits, labour productivity, production capacity of the industry, etc., and includes brief job descriptions. Bibliography pp. 261 to 264, graphs, references and statistical tables.
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
Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.
Mark Twain observed, “I'm in favour of progress; it's change I don't like.” Coal dominates Indian energy because it’s available domestically and cheap (especially without a carbon tax). If the global focus is on the energy transition, how does India ensure a just transition? Managing winners and losers will be the single largest challenge for India’s energy policy. Coal is entrenched in a complex ecosystem. In some states, it’s amongst the largest contributors to state budgets. The Indian Railways, India’s largest civilian employer, is afloat because it overcharges coal to offset under-recovery from passengers. Coal India Limited, the public sector miner that produces 85% of domestic coal, is the world’s largest coal miner. But despite enormous reserves, India imports about a quarter of consumption. On the flip side, coal faces inevitable pressure from renewable energy, which is the cheapest option for new builds. However, there is significant coal-based power capacity already in place, some of which is underutilized, or even stranded. Low per-capita energy consumption means India must still grow its energy supply. Before India can phase out coal, it must first achieve a plateau of coal. How this happens cost-effectively and with least resistance isn’t just a technical or economic question, it depends on the political economy of coal and its alternatives. Some stakeholders want to kill coal. A wiser option may be to first clean it up, instead of wishing it away. Across 18 chapters, drawing from leading experts in the field, we examine all aspects of coal’s future in India. We find no easy answers, but attempt to combine the big picture with details, bringing them together to offer a range of policy options.