March9, 2011

Prof. Sasikumar conducted today's sessions as one of the lecturers did not fell well today. That was an interesting lecture aboutCPI - Consumer Price Index and the
difference between absolute and real wage. These are indicators of our salary increasing (absolute wage) and what as a customer we can buy for that increased salary (real wage)
Informal sector takes a big part of Labour Force and the report on it can be found on www.nceus.nic.in

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