Real wages have risen across #India in the past two decades but the rise has been especially marked among the rural unskilled workers. Three reasons – falling rural female labor force participation, a construction boom, and increase in #agriculture prices – contributed to this increase. Going forward, with slower growth in the construction sector and lower agriculture prices, some of the factors that contributed to the increase may not be sustained over time.
Pathways to Prosperity: An e-Symposium
Blog #8: In building and agri boom, rural wage lift India is home to the largest number of poor people in the world, as well as the largest number of people who have recently escaped poverty. Over the next few weeks, this blog series will highlight recent research from the World Bank and its partner…
