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Rural Wage Growth Saw A Post-Lockdown Spurt But Data Doubts Persist
The first reading of post-lockdown data on rural wage growth shows a strong pick-up. Economists, however, remain cautious.
06 Oct 2020, 07:31 AM IST
The pandemic led to a mass exodus of Indians back towards the hinterlands, forcing many to rely on agriculture and the government’s rural jobs scheme. The fear was that this would lead to an over-supply of workers in rural areas and counter any rise in wages because of a strong monsoon.The first reading of post-lockdown data on rural wage growth counters that narrative, showing a strong pick-up in wages. Economists, however, remain c...
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