Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsOpinionThe need for a consumption-led growth strategy

    The need for a consumption-led growth strategy

    The current trickle-down economics is not working for the masses of the population. We need to transform workers into consumers to broaden the market

    Sashi Sivramkrishna
    March 06, 2023 / 09:07 IST
    More daunting is the growing concern not just in India but the world over that even high real GDP per capita does not automatically eliminate poverty and deprivation.
    • PRO Panorama

      Moneycontrol Pro Panorama | The Great Energy Exodus: How AI Is Draining Capital from Big Oil

      Nov 3, 2025 / 03:03 PM IST

      In today’s edition of Pro Panorama: Auto sales in top gear, GAIL pumps it up, tax cloud over economic recovery, India’s Golden...

      Read Now
    Unlock This Article

    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