Socio-Economic Conditions of Industrial Workers in Theni District of Tamil Nadu Saravanan S.1, Ramesh M.1, Sugumar S.N.2, Chandrachud S.3 1Assistant Professors of Economics 2Prof. and Head, Department of Economics 3Associate Professor of Economics, VISTAS, Chennai Online published on 23 December, 2019. Abstract Labour is the most dynamic agency in the processes of production. The productivity of the labour force of the country is therefore vital for rapid economic growth. The social aspects of minimum wage and job security regulations are necessary to promote the welfare of the workers. Rapid growth of employment and real wages should be of primary interest to workers in any country. Employment and real earnings per employee in the manufacturing sector have risen very slowly in India while the performance of the East Asian countries has been the most outstanding in this respect. The rapid growth of employment and real earnings per employee in East Asia is the combined result of labour policies along with a whole range of successfully implemented export orientated industrialization policies which yielded rapid GDP growth. Top Keywords Dynamic agency, Minimum wage, Human capital, Workforce, Job training, Migration. Top |