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Share of Agricultural Labour in National Agricultural Product-An Exercise

Agricultural Product An Exercise G C Mandal This study of the share of agricultural labour in national agricultural product suggests that the capitalistic process working in Indian agriculture has not prevented a rise in the real wage level and in the share of agricultural labour in agricultural product. The rise in labour-income and labour-share is also largely explained by increase in the agricultural labour population which increased labour-intensity of production. The increase in labour-intensity may be taken as a signal of the dampening of growth of capitalism in agriculture. The small increase in real wage levels that is perceptible despite the sharp increase in the supply of agricultural labour is due to the absence of concentration of enterprise in the hands of a small number of big farms.

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