An Insight into Wage Dynamics and Inequality Scenario under Changing Landscape of Rural India
Price: ₹ 500
Author: Kiran Kumara T.M., R. Sendhil , Ankita Kandpal and R. Raju
Author Address: Scientist, ICAR- National Institute of Agricultural Economics and Policy Research, New Delhi-110012 (Delhi), 2 3 Scientist, ICAR- Indian Institute of Wheat and Barley Research, Karnal-132001 (Haryana),and Scientist, ICAR- Indian Agricultural Research Inst
Keywords: Agricultural productivity, determinants, inequality, rural economy, rural wage
JEL Codes: E23, I38, J01, J24, J31
Abstract
This article examined the level and recent trends in rural wages, the
extent of the wage gap and inequality across the states in agriculture. Recent
trends showed a continuous and persistent rise in real wages for agricultural
and non-farm activities in rural areas. Inequality in wage rate was lower among
diverse agricultural operations within and across the year(s). Regression
analysis indicated that the wage rate was agriculture was positively influenced
by productivity, period and labour availability. Effective implementation of
minimum wage law and equal pay for work of equal value would reduce the wage
gap and inequality.
Description
Indian Journal of Economics and Development
Volume 17 No. 4, 2021, 717-730
DOI: https://doi.org/10.35716/IJED/21150
NAAS Score: 5.15
Indexed in Clarivate Analytics (ESCI) of WoS
Indexed in Scopus
UGC Approved