- News>
- Economy
Labour productivity rises, but costs rise in certain sectors
New Delhi, Oct 03: Indian labour productivity has made rapid strides in manufacturing, even as per capita labour costs rose in certain sectors like textiles and transport equipment, in 2000, according to UNCTAD.
New Delhi, Oct 03: Indian labour productivity has made rapid strides in manufacturing, even as per capita labour costs rose in certain sectors like textiles and transport equipment, in 2000, according to UNCTAD.
Labour productivity, measured by real value added (in national currency) per worker, almost doubled to 152.4 points in 2000 as compared to 72.5 points in 1985, in manufacturing, the UNCTAD's trade and development report said today. In China, it was as high as 242.1 points.
In clothing, labour productivity more than doubled to 107.5 points in 2000 as against 52.1 points in 1985, while in the case of food products, it was 174 points as compared to 78.3 points in 1985.
In the case of textiles, the productivity surged to 107.4 points in 2000 as against 67.7 points in 1985; in electrical machinery it was 173.1 points as compared to 69.3 points and it was 123.2 points in the case of transport equipment as compared to 73.9 points in 1985.
The per capita labour costs could not be compared since UNCTAD figures did not have the details of China for 2000.
Bureau Report
In clothing, labour productivity more than doubled to 107.5 points in 2000 as against 52.1 points in 1985, while in the case of food products, it was 174 points as compared to 78.3 points in 1985.
In the case of textiles, the productivity surged to 107.4 points in 2000 as against 67.7 points in 1985; in electrical machinery it was 173.1 points as compared to 69.3 points and it was 123.2 points in the case of transport equipment as compared to 73.9 points in 1985.
The per capita labour costs could not be compared since UNCTAD figures did not have the details of China for 2000.
Bureau Report