
Source | economictimes.indiatimes.com | Mamtha Asokan, TNN
Increased manufacturing activity coupled with a smaller migrant workforce has resulted in a hike in the daily wage rates of temp workers. Industrial clusters are making do with only 80% of migrant workers coming back after the reverse migration seen during the lockdown. As a result, daily wages have gone up from nearly Rs 250 to Rs 350-400.
R Ramamoorthy, a Coimbatore-based MSME business owner and former president of Coimbatore District Small Industries Association (CODISSIA), a confederation of small businesses, said, “Most former workers have returned. However, there is still a 20% gap. This is due to those workers who are aware of their demand and have moved to other metros rather than return to tier-1 and -2 cities.”