Labour
Labour in India refers to employment in the economy of India. In 2012, there were around 487 million workers in India, the second largest after China.
Labour economics seeks to understanding the functioning and dynamics of the market for labour. Labour markets function through the interaction of workers and employer. Labour economics looks at the supplier of labour services, the demander of the labour service and attempts to understand the resulting pattern of wages, employment and income. In economics, labour is a measure of the work done by the human being.
The skilled labour in construction industry generally refers to those who were being trained within a long period and they have brought some specialized technical industry skills in advancing the construction project
Types of skilled labour
1. Concreter
2. Plasterer
3. Bar bender
4. Carpenter
5. Tiler
6. Bricklayer
7. Scaffolding
8. Mobile crane operator
9. Tower crane operator
10. Earthwork plant operator
Merits of division labour
1. Each worker specializes in a particular type of work, therefore efficiency increases
2. Since each worker performs the same work again and again, therefore there is improvement in skill
3. It results in greater production
4. It becomes possible to do work quickly and efficiently without putting much strain on worker and industry.
5. Intelligent persons can make invention in their field of specialization
6. Division of labour at international level has made international trade possible
Demerits of division labour
1. Since a worker is required to do the same work again and again; hence he becomes dull
2. It divides the responsibility for which there are more chances of shifting
3. It binder the mobility of labour
4. If operations in one department are stopped, then whole industry suffers.
5. Repetition creates boredom and monotony
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