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Contract Labour Act in India A Pragmatic View (PDF 16P)

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Contract Labour Act in India A Pragmatic View (PDF 16P)

Contract Labour Act in India A Pragmatic View (PDF 16P)

This paper discusses some of the survey findings and considers a game theoretic model to show why it is economically optimal for an enterprenuer and a labour inspector to collude. It also examines whether any provision of reward for the labour inspector would help to protect the law. Topics covered includes: Contract Labour Regulation and Abolition Act, 1970, Implementation of the Contract Labour Act, Collusion as an Optimal Strategy , A Penalty- Reward Scheme , An Alternative Penalty-Reward Scheme.

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s16 Pages
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