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    HomeNewsOpinionIf real rural wages have stagnated for a decade, how has private consumption growth been so strong?

    If real rural wages have stagnated for a decade, how has private consumption growth been so strong?

    Does the consumption of rural labourers really matter? Or can the economy do perfectly well even without them?

    Manas Chakravarty
    October 11, 2023 / 10:12 IST
    If private consumption has remained robust even with stagnant rural wages, does the consumption of rural labourers really matter?
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