Manas Ranjan Bhowmik Assistant Professor, Economics, Ramakrishna Mission Vidyamandira   Ramakrishna Mission Vidyamandira Belur Math Howrah Belur, West Bengal 711202 India   manashcu@gmail.com   http://vidyamandira.ac.in/           JEL Areas: J5 : Labor-Management Relations, Trade Unions, and Collective Bargaining: General O1 : Economic Development: General