Jairam Ramesh blasts wage stagnation one day after President Murmu boasts of Indian economy

President Murmu praised the Indian economy, highlighting its resilience and potential growth. However, Congress leader Jairam Ramesh expressed concerns about the country’s economic situation, citing stagnant wages, high inflation, and inequality. He pointed out that the consumption growth story has reversed in the last decade, impacting the middle class. Ramesh also criticized the government’s cronyism and patronage of conglomerates, leading to price rises. He emphasized the need for addressing these issues to prevent long-term economic stagnation and unemployment.