Budget took ‘zero action’ to restart wage growth: Congress

PTI, Jul 25, 2024, 4:10 PM IST

The Congress on Thursday claimed that “stagnant wages” had dragged down consumption growth and disincentivised the private sector from investment, and said Finance Minister Nirmala Sitharaman took “zero action” to restart wage growth.

Congress general secretary in-charge communications Jairam Ramesh said the Economic Survey confirmed the “worst-kept secret of the non-biological PM’s government” — real wages were stagnating in rural areas.

“Stagnant wages have dragged down consumption growth and disincentivised the private sector from investment. It’s directly responsible for the cycle of low GDP growth of the last decade,” he said in a post on X.