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  • Chart of the Day | Uptick in rural wages augurs well for consumption

    Market surveys by Nielsen IQ show steady pick up in rural consumption in the last four quarters

  • A wages shadow on consumption recovery

    The real wages growth trend do not give confidence about a quick consumption recovery.

  • Green shoots in rural demand?

    Taken together, recent news reports, higher rural wages, lower inflation and the fall in demand for work under MGNREGA could indicate the green shoots of a turnaround in rural consumption

  • Unemployment rate stays high among educated Indians: Kotak report

    As of June 2023, the unemployment rate among diploma holders stands at 12.1%, while it's 13.4% for graduates and 12.1% for post-graduates, according to Kotak's report.

  • Many shades of inflation: The assault on rural wages

    Real rural wage growth has been negative or marginally positive since 1998, except for a brief period between 2010 and 2014 

  • Chart of the Day: Will falling rural real wages affect consumption? 

    The rural labouring poor have served as a pool of workers available at dirt cheap wages, thus keeping overall wage pressures in the economy low

  • It’s clear that there is no high wage growth in India

    It is highly unlikely to witness demand-led inflation in India, unlike advanced economies, wherein massive fiscal stimulus made it exceptionally good for the household sector 

  • Macro Matters | Real rural wage growth contracts in August

    Contracting real wages an obvious reason for lack of rural demand

  • Opinion | Will dismal rural wage growth be Modi's Achilles heel in the elections?

    Rural wage growth has fallen off the cliff. It is therefore small wonder that, at the fag end of its term, the Modi government has been trying its best to dole out sops to this class.

  • Opinion | Why are rural wages crawling when farm GDP growth is galloping

    A continued property market slowdown and a vegetable glut may have pushed landless labourers back to villages, seeking daily jobs and depressing wage growth

  • Inflation pace slowing; Jan-Mar CPI around 6.5%: Macquarie

    Tanvee Gupta Jain of Macquarie Capital Securities says between January to March, CPI may be close to 6.5% range, because of easing of base effect. But it is still better than RBI's first target of 8 percent by January 2015, she adds

  • Has inflation cooled enough to lower rates? Experts debate

    Sonal Varma, economist at Nomura India, thinks everyone is overplaying the role of commodity price fall on CPI considering it is largely a non-tradable basket because it has food and services in it. Hence the impact is rather low.

  • How rising rural wages impact India's growth dynamics

    A big component of the CPI is the food inflation that has risen primarily because of a strong 17.5 percent growth in rural wages through the 11th plan period from 2007 to 2012.

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