Wage Determination in Indian Manufacturing 1950 to 1964

Manufacturing: 1950 to 1964 Pramod C Verma The usual dilemma before a developing country seems to be having to choose between the competing objectives of social justice and economic growth. However , this paper claims that a judicious balance can be found in a situation of rising productivity which may lead not only to a higher rate of capital formation but also to a reasonable standard of living for the workers who can secure this by being organised.