ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Cement-Not by Higher Prices

September 29, 1979 period March 1977 to January 1978 as Rs 6.75. Of this the 'jamandar' educted Re 0.75 as his commission. he monthly income of most unskilled orkers was between Rs 151 and is 200. An average unskilled worker's mily consisted of six members of horn, because of the employment of omen and children in construction ork, three were earning members. As result of their low earnings and long eriods of unemployment (given the regularity of daily wage employment nd the seasonal nature of construction ork), 57 per cent of the unskilled orkers were in debt taken to meet onsumption needs. The loans were iken mostly from moneylenders and ne interest rate charged varied be- Aeen 24 and 36 per cent per annum. n a few cases, the rates were as high s 14-1 per cent.

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