India factory workers in revolt and kill company president. Workers at the Regency Ceramics factory in India raided the home of their boss, and beat him senseless with lead pipes after a wage dispute turned ugly. The workers were enraged enough to kill Regency’s president K. C. Chandrashekhar after their union leader, M. Murali Mohan, was killed by baton-wielding riot police. Once news of Murali’s death spread, the factory workers destroyed 50 company cars, buses and trucks and lit them on fire. They ransacked the factory.
The workers had been calling for higher pay and reinstatement of previously laid off workers since October. India’s factory workers are the lowest paid within the big four emerging markets. Per capita income in India is under $4,000 a year, making it the poorest country in the BRICs despite its relatively booming economy.