In India, where wage inequality and low pay remains a serious challenge to inclusive growth, the average daily salaries drawn by managers, legislators and senior officials almost doubled between 1993-94 and 2011-12, reveals a recent report by the International Labour Organisation (ILO). The study says this is the fastest growth rate across occupational categories.
According to the report, managers, legislators and senior officials’ real wages rose 98 per cent on average, while professionals got a salary hike of 90 per cent. On the other hand, real wages payable to plant and machine operators rose only 44 per cent on average in