Moneycontrol
HomeNewsOpinionDoes the consumption of the poor really matter?

Does the consumption of the poor really matter?

Manas Chakravarty   •

Overall growth in private consumption has been strong even in years that saw a shrinkage in real rural wages

Analysts have from time to time pointed to the data brought out by government’s Labour Bureau that show rural real wages have been negative or marginally positive for years

To read the full story,

Subscribe to Moneycontrol PRO
  • Ad-free Experience
  • Access Exclusive Stories
  • Weekly Investment Ideas
  • Daily Technical Calls

Are you a PRO subscriber? Sign In

What Do You Get

  • Ad free Experience

    Seamless navigation, faster responses.

  • Expert Perspective

    Explore 230+ exclusive editorials every month

  • +

    Uncover Insights from World-Renowned Experts and Journalists

  • Actionable Insights

    40+ weekly investment ideas + 3 to 4 daily technical calls

  • Virtual Events

    Exclusive Live Webinars for Expert Trading & Investment Strategies!

  • Newsletters

    Stay ahead with daily and weekly insights

View Offers

Unlock exclusive discounts