falls reducing the real wages leaving the workers and their families
worse off. Therefore, if on account of inflation prices rise while the pay-
packet ... rise in prices. In the cost-of-living
sliding scale systems the basic wages are automatically adjusted to price
changes shown by the cost-of-living
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Bench: Hima Kohli , Dhananjaya
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Author
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Author: J.K. Maheshwari
Bench: J
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Author
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Author
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