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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 ![NDTV Profit](/icons/feather-without-circle.svg)
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![A woman carrying a jar walks through a village in Tikamgarh district, Madhya Pradesh, India, on Friday, Aug. 7, 2020.Photographer: Dhiraj Singh/Bloomberg](https://media.assettype.com/bloombergquint%2F2020-10%2F5c928aae-a915-4b23-afba-6774c2a94cc5%2F363922454__1_.jpg?rect=0%2C84%2C3998%2C2249&auto=format%2Ccompress&w=200)
A woman carrying a jar walks through a village in Tikamgarh district, Madhya Pradesh, India, on Friday, Aug. 7, 2020.Photographer: Dhiraj Singh/Bloomberg
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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