According to the Economic Survey 2023-24, India’s overtime premium is significantly higher than that of other countries, highlighting the country’s commitment to workers’ rights. The survey also shows that India’s labor productivity has been steadily increasing, indicating a positive trend in the economy. With these findings, it is clear that India is making strides in promoting fair wages and improving productivity in the workforce.
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Economic Survey 2023-24: How India’s overtime premium dwarfs peers’ | Economy & Policy News
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