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Average Daily Wage Rates of Skilled Workers (2010-23)


Observations:

  1. Consistent Increase in Wage Rates:
    • Over the 13-year period from 2010-11 to 2022-23, the average daily wages for both carpenters and masons in the agricultural sector have shown a steady and consistent increase.
  2. Yearly Trends:
    • Carpenters:
      • Wages rose from ₹418.5 in 2010-11 to ₹1015.73 in 2022-23, reflecting a growth of approximately 142.6%.
    • Masons:
      • Wages rose from ₹415 in 2010-11 to ₹1018.46 in 2022-23, reflecting a growth of approximately 145.4%.
  3. Growth Rate Comparison:
    • Both categories show similar patterns of growth. Wage rates for masons are slightly higher than those for carpenters from 2014-15 onwards, with a difference consistently maintained over the years.
  4. Highest Annual Wage Growth:
    • Significant wage growth can be observed in the initial years, particularly between 2010-11 and 2014-15, where both carpenters and masons experienced faster increments in their daily wages.
  5. Saturation/Moderation of Growth:
    • After 2020-21, the rate of increase in wages began to slow down, though wages continued to grow steadily.

Conclusions:

  1. Overall Wage Growth:
    • The steady rise in wages for skilled agricultural workers (carpenters and masons) reflects improvements in the labor market and potentially rising demand for these skills.
  2. Inflation and Living Costs:
    • The wage increases are likely influenced by inflationary pressures, rising costs of living, and increased rural development activities that require skilled labor.
  3. Parity in Wages:
    • The near-equal wage levels of carpenters and masons highlight a balanced valuation of these skills in the agricultural sector.