© Kamla-Raj 2004                                                                                     J. Soc. Sci., 8(1): 29-43 (2004)



Wage-productivity Relationship in Coal India Limited


Prabhas Kumar Chakrabarti and Juin Choudhary


Department of Management Studies, Indian School of Mines, Dhanbad 826 004,

Jharkhand, India


KEYWORDS Economics variables; energy; consumption; industries development.


ABSTRACT This research paper highlights the nature of the development of Coal India Ltd., analyses with the help of the economic variables like production, price, employment, wage, productivity, wage-share during the period 1973 to 1998. Coal, which dominates the Country’s energy scene today, is the source of about 60% of the Country’s commercial energy consumption. In addition to its use in Iron and Steel, Chemical Industries and for generation of gases, Coal is widely used by Railway, Steel Plants, Thermal Power Plants, Industrial Boilers, Cement Plants and Fertilizer Industry. Thus the rate of Industrial development of India almost depends on the better performance of Coal India Limited.


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