What is the current trend in employment and salary growth according to Niti Aayog member Arvind Virmani
Niti Aayog member Arvind Virmani highlights that while employment is rising, salaries are not keeping pace with inflation.
1. According to Niti Aayog member Arvind Virmani, there is a trend of increasing employment opportunities in India.
2. However, the salary growth has not been keeping up with the rising inflation rates.
3. This discrepancy between employment and salary growth could be a cause for concern for the workforce.
4. It implies that while more people are finding jobs, their purchasing power is not increasing at the same rate.
5. The situation highlights the need for policies that promote both employment generation and adequate wage growth to ensure economic stability and well-being for the workforce.
6. It also emphasizes the importance of monitoring and addressing the factors influencing salary growth in relation to inflation.
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2 months ago