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Monday Feb 19 2001
VRS or not, labour productivity on the rise
LABOUR IS in the news again, what with all the noise about voluntary retirement schemes. The fear of uncertainty has made labourers wiser and they are opting for separation schemes, lest they might lose their jobs as well as the financial benefits offered to them now.
 
 
Labour productivity rises sharply in post-reform years
  • Ratio of incremental wages to incremental output down from 0.09 in 1997-98 to 0.04 in 1999-2000
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    		I n d i a ' s  N o 1  B u s i n e s s  N e w s p a p e r

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