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Q.

Why is the worth of Indian labour so low?


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a

Inflation

b

High Population

c

Employment opportunities

d

High living of standards 

answer is B.

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Detailed Solution

The worth of Indian labour is low because of the high population. India has a sizable labour pool because of its 1.2 billion population, about half of whom are of working age. However, India has a large population and a high rate of unemployment, which results in undervaluing its labour. Here, switching out one employee for another is easy. Because of the high unemployment rate, many workers are willing to work in dangerous conditions for cash. Employers take advantage of employees' vulnerability and violate workplace safety protocols. Labour productivity is not increased by illiteracy or a lack of funding for training employees.
 
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