India’s Chief Economic Advisor Flags “Weak” Wages as Profits Rise | Vantage with Palki Sharma
India’s chief economic advisor has flagged “weak” wages amid bumper profits for corporates. While Indian companies recorded a 300% rise in profits after the pandemic, wages have increased between 0.8% and 5.4%. Experts worry that stagnant wages are dragging down consumer spending and India’s GDP. Palki Sharma tells you more.
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India | Chief Economic Advisor | Salaries | Wages | Profits | Firstpost | World News | News Live | Vantage | Palki Sharma | News
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Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.
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Palki how about increments to Godi media news readers? Sure must be highest in earth that Elin musk would envy, isn’t it? What is making this news channel speak balanced word ? Rating going down ? Or hit Rock bottom singing godi song?
When chaiwala runs the country instead of a tea shop
Middle classes have itching problem to spends all money on lifestyle.
Govt. can take indirectly by GST, not by direct high tax rates.
Nirmala ji,
Sochh kar Samajj kar
How would you spend when ur salary is gone in the first week of the month ..
This is the problem with high population in capitalism, the bargaining power of employees is diminished.
We are a plutocracy in the guise of democracy. Few businessman are running this country through BJP and Modi who are serving their masters by diverting people's attention towards useless issues like Hindu Muslim divide and retaining power. The income inequality now is worse than British era, let that sink in!
Work 70 hours per week
Don't expect overtime
Don't expect promotion
Just generate extra profits for your company
Thinking of all employers
Life was best during congress government as a middle class.
Things took a huge turn after 2014. 7cpc was a disappointment and inflation defeated it in less than 4 years.
This lady is miss socialism….he said the "used profits to deleverage".. How's that not a good way to use capital… The corporations are not investing as they see less opportunities…. consumption is not the end all and GDP growth isn't some Vedic mantra to be chanted.
The biggest industry in the country right now is the stock market industry
https://youtu.be/LZndYgfRViw?si=zumekCD-IV4hymC0
It is a deviation news main problem is tax its gimmick of useless union government
What is view about taxing the middle class by our chief bullshit finance advisor
Jobs are getting easier. Technology is impacting every sector, every trade, every job, etc. Pay is based on a lot of variables, but it boils down to how difficult it is to your job. The more difficult it is, the fewer people who can do it, thus the more money you can command. Nothing is getting harder. Literally nothing.
Corporate tax increase 45% 😅😅
India needs to start looking at Unionization, simple as that
When the government themselves loot the common people with 30% taxes how will be get labour justice….no one cares.
Policy will change in the name of GST!
She has spoken 👏
that is why regulations are important unlike the common public is brainwashed to believe otherwise.
Oh my god too much TAX will defanately affect the middle class employees GST is addition to that and also middle class families going to get high punishment with this GST rates 😢😢😢. God must be save all these people…
Government should compel companies to increase wages
It is not GDP issue or earnings issue… It is just top management awarding only themselves up majority of earnings and bonuses from profit earned, then showing loss in books of accounts to reduce salaries of employees, cutting jobs plus costs.. then again showing that savings as profit to shareholders and then taking percentage cut in that as well… .. 😬😬😬
True
Meanwhile in Mexico 🇲🇽 the other way around and even thought the economy is getting stronger.
one of the reason why rich getting richer and poor poorer
ये नेहरू की गलती है।
True no wage increase
While corporates argue one shud work 12 hrs a day of whole week…….
So even India's corporate companies are greedy. I'm glad it's not just here in the US
LA LA 'S are LA LAs
forget taxes and everything. hindus are in danger. modi ji will save us. jai sree ram
That's why switch in every 2 years for a hike 😂