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Rural-urban wage gap narrows in manufacturing; greater mobility, MNREGA factors

By Economic Times - 9 months ago
Greater mobility, higher payouts under NREGS, and lower urban wage elasticity are bringing parity between urban and rural manufacturing units. The gap between rural and urban wage growth has widened post-pandemic. The relative stickiness of urban wages with regard to profits may be a factor in the narrowing of the gap.

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