ANANYA MOHANTY
BAE17004
According to Marxian theory, classes are defined on the basis of means of production, thus a middle class is said to be the class below the ruling class and above the proletariat.
In an Indian household, the hierarchy are clearly seen and the ideal of conduct (among the family members) help maintain the family harmony. It is the eldest male in the family who is supposed to have the authority and is responsible for meeting all the needs of the family members. Traditionally, males are responsible for the key source of income, land and business and other family resources are usually controlled by the men of house.
In the household we have chosen, the man is the key earner in the family. His name is Rohit Sharma. He has migrated from a rural farming background to urban service sector. He is working in an IT firm. It firm emerged in 1967 in Mumbai as a Tata group came in partnership with Burroughs. Liberalization had a great effect on IT sector, leading to annual economic growth of 6% from 1993-2002. In the contemporary world, India is the largest exporter of IT and it constitutes 79% of the total industrial revenue .US accounts for two third of this sector’s export. Looking into the data, there is a significant increase in the contribution of this sector to India’s GDP. It has increased from 1.2% in 1998 to 7.7% in 2017[1].
IT sector represents the organized sector of the economy. The organized sector includes workers employed by the government, state own enterprise, and private sector. In 2008, the organized sector employed 27.5 million workers, of which 17.3 million worked for government.[2]
In the bar graph below, we can see the employment generation of in education, has been the highest in the organized sector(5.2 million).
Source- State of working India
Source- State of working India
In the given graph , we see that, Sikkim has the highest percentage of worker- 58.2% working in formal sector, i.e. regularity of workers, benefits given to the workers and the written contract, Chhattisgarh reports the lowest percentage of worker in the formal sector 2.3%.
Source- State of working India
In the given graph, we see that the gender wage gap in the organized manufacturing sector is high but has been declining, and the major break down happened from 2013 to 2014.
Through the eyes of the man, we explored the formal sector of the Indian economy validating it with data.
REFFERENCE:
- Wikipedia contributors. “Labour in India.” Wikipedia, The Free Encyclopedia. Wikipedia, The free encyclopedia, 8 Nov. 2018. Web. 21 Nov. 2018.
- Wikipediacontributors. “Information technology in India.” Wikipedia, The Free Encyclopedia. Wikipedia, The Free Encyclopedia, 10 Nov. 2018. Web.21 Nov. 2018.
- Basole, Amit. State of Working India 2018. Azim Premji University. 2018.
[1] Information technology of India-wikipedia
[2]Labor in India-wikipedia
The Average Indian Household 