Wage Inequalities in India.

Abstract

One of the important determinants of poverty in both absolute and relative terms is the level and growth of wages in an economy. It is particularly so in a country like India where the wealth inequality is so skewed that a majority of population have to engage in whatever work that comes by, or they can generate, to eke out a living. This has led to a situation where 52 per cent of the work force is engaged in self and the remaining 48 per cent in wage work.