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The Dyeing process in textile industry is one of the most risky and dangerous procedure amidst all the textile industry processes. The dyeing process is dangerous due to the presence of chemicals in dyes. The workers in dyeing factories are adversely affected as they are continuously exposed to such dyes. These dyes can also cause fire in the workplace, if they are not stored cautiously. As the chemicals in dyes are very dangerous for worker’s health, it is very important to consider how the workers should be compensated for the risk that are linked with during the working hours. The dyeing industry is gradually going digital through the means of latest technological innovations.
The overall study goal of my thesis is to assess the risk and impact of technological change on workers of dyeing industry in Ghaziabad. Primary goal of thesis is estimating the compensatory wage differential, VSL and VSI that the workers should receive for the risk linked with their work in dyeing industry. In addition, the study is an attempt to evaluate the nature of technological change in dyeing industry.
The primary survey of 177 dye workers was conducted in the study site, i.e., Ghaziabad using snowball sampling method. To estimate the compensating wage differential, notion of Value to statistical life has been adopted. VSL and VSI is estimated using Hedonic Wage Model. The result of the study signified that there exists a trade-off between wage received by the workers and the level of risk reduction for the workers included in the sample. VSI and VSL for dye workers of Ghaziabad have been computed as 0.29 million and 11.49 million, respectively.
Keywords: Dyeing industry workers, Compensating Wage Differential (CWD), Willingness to Pay (WTP), VSL, VSI, Hedonic Wage (HW) Model, Technology, Technological change, Innovation.
