Congress Criticizes Stagnant Wages, Govt's Inaction on Wage Growth

The Congress accused Finance Minister Nirmala Sitharaman of failing to address stagnant wages, which they claim have hindered consumption growth and discouraged private sector investment. Congress general secretary Jairam Ramesh cited the Economic Survey, noting that real wages in rural areas have remained stagnant, impacting GDP growth.

The Congress on Thursday criticized Finance Minister Nirmala Sitharaman for taking 'zero action' to restart wage growth, which the party claims has led to stagnant wages, stunted consumption growth, and discouraged private sector investment.

According to Congress general secretary in-charge communications Jairam Ramesh, the Economic Survey confirmed that real wages have stagnated in rural areas, revealing a significant flaw in the government's economic management.

Ramesh also shared data indicating that real rural wages for men have been stagnant for the past three years. Following the Budget announcement on Tuesday, the Congress stated that the government seems 'blissfully ignorant' of its own statistics, showing stagnant wages amid rising inflation.