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Blue-collar workers likely to see 10-20% wage hike

Textile, auto component, leather and a whole spectrum of small business and construction companies that are dependent on unorganised workers face a labour demand-supply mismatch, pushing up wages.

By Yogima Seth Sharma and Prachi Verma, ET Bureau |Updated: June 26, 2020, 11.06PM IST
New Delhi: Wages in labour-intensive sectors may rise by 10%-20%, with manufacturing companies willing to pay a premium to get workers back to shop floors to complete pending orders and clear inventories piled up in factories since March. Textile, auto component, leather and a whole spectrum of small business and construction companies that are dependent on unorganised workers face
before the Covid-19 outbreak are suffering now as they open up. “Higher wages have become an incentive to hire new workers or attract the erstwhile workforce, who are otherwise sceptical to join fearing the spread of Covid-19,” he said. TeamLease Services estimates there are about 70 million interstate migrants, of which 40 million are in the labour force.

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