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in Economic Ideas of Kautilya by (49.7k points)
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What is the participation principle of wages?

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Kautilya has a view that a farmer’s servant should take share of foodgrains, a dairy owner’s employee should take share of ghee, and a trader’s employee can take share of things traded by him upto 1/10th part. For determining the salaries of the state employees, the need of state, religion, and ethics, serviceable wages, loyalty to the state, quality of job, performance of the work, etc should be kept in mind. But in any case, the king should not spend more than quarter of his income on the head of wages.

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