Rural Wages
Rural wages refer to the earnings of workers in countryside areas. These wages often vary significantly from urban counterparts. Factors influencing rural wages include agricultural productivity, local demand, and seasonal work. Many rural workers rely on agriculture for their livelihood. Government policies aim to improve rural income through schemes and minimum wage laws. Understanding rural wages is crucial for addressing economic disparities.
The Indian economy has demonstrated notable growth, averaging 4.6% annually from 2019-20 to 2023-24. However, this macroeconomic expansion...
November 4, 2024