Labour, Jobs and Employment – Harmonization of labour laws, gender gap, unemployment, etc.

Increased rural spend fails to cheer real rural wages

  1. Source: A recent Yes Bank report with the help of Centre for Monitoring Indian Economy (CMIE) database
  2. Spending growth: Govt’s rural spending has seen a marked uptick this year including spending on rural roads
  3. Employment generation under MNREGA too has seen robust growth in the June 2016 quarter
  4. Wages stagnant: But these measures haven’t led to any rise in rural real wages yet
  5. Real rural wages have been in the negative territory since October 2015 and continued to be so until May 2016
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