The fact that real incomes of households are stagnating or contracting amid declining savings, persistently high food inflation, and eroding pricing capability of consumer companies are indicative of the ruralisation-led decline in labour productivity, and the rising dominance of Giffen and necessary goods in India’s consumption pattern
The fact that real incomes of households are stagnating or contracting amid declining savings, persistently high food inflation, and eroding pricing capability of consumer companies are indicative of the ruralisation-led decline in labour productivity, and the rising dominance of Giffen and necessary goods in India’s consumption pattern The fact that real incomes of households are stagnating or contracting amid declining savings, persistently high food inflation, and eroding pricing capability of consumer companies are indicative of the ruralisation-led decline in labour productivity, and the rising dominance of Giffen and necessary goods in India’s consumption pattern Moneycontrol Latest News Read More
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