Disproportionate growth in wage, corporate profit poses risk to economy by curbing demand: Economic Survey
Growth in corporate profits needs to be commensurate with wages to boost the economy, Economic Survey 2024-25 said, noting that sharp disparities between the two pose risk to the economy by curbing demand. The document tabled in Parliament on Friday (January 31, 2025) noted that while the labour share of GVA (gross value added) shows…