Steel

Facts About Contractorisation

A quick study in various key industrial sectors of the country, with the help of CITU has starkly revealed the wretched conditions of contract labour and the increasing use of this evil system by employers – both public and private – to extract the last drop of blood and sweat from workers to maximize their profit margins. Explaining the decade old trend of declining wage share over net value added and profits, the study shows that in all the sectors, there is an increasing share of contract workers and they are paid wages that are often one third of their regular co-workers.