Debt Bondage and Vulnerable Work in South Indian Silk Processing
This chapter presents changes in the terms and roles of debt in labour contracts in two sequential sectors along the silk production chain—silk reeling and silk twisting—located in a town in South India. It examines the reasons for the significant divergence in the magnitude of salary advances in the two closely related and proximally located industries, following the initiation of liberalization reforms. It details the impact that the difference in the nature of debt bonds has had on the work vulnerability of both small-scale producers and hired workers in each sector.
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