Finance Industry Analysis

Tea Industry Planters Caution Against Across-the-Board Wage Increases, Citing Risk of Sector Bankruptcy

Plantation companies are holding firm on their stance regarding productivity-based wages for estate workers, amidst union demands for a daily pay of Rs. 1,700. The Planters’ Association (PA) of Ceylon emphasized that while they are not opposed to wage hikes in principle, they insist on tying such increases to productivity gains. The Association submitted a

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