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Why Blaming High Minimum Wages For India’s Informal Economy Is Flawed

Economy

Why Blaming High Minimum Wages For India’s Informal Economy Is Flawed

The average Indian is not only one of the poorest in the world, but their wages are also abysmally low, dragging down consumption, private capex and growth.

By Prasanna Mohanty
Economy
Published on 6 May 2026 6:00 AM IST

Top Stories

From Parts To Platforms: Indian MSMEs Are Reshaping The Drone Supply Chain

From Parts To Platforms: Indian MSMEs Are Reshaping The Drone Supply Chain

Real Estate Hurdles, Low Yields Continue To Stifle India’s EV Charging Expansion

Real Estate Hurdles, Low Yields Continue To Stifle India’s EV Charging Expansion

From Royal Enfield to AI: Indias Next Global Champion Should Be Built, Not Debated

From Royal Enfield to AI: India's Next Global Champion Should Be Built, Not Debated

The Mythos Factor: Why India Must Build Its Own Frontier AI

The Mythos Factor: Why India Must Build Its Own Frontier AI

News

India’s GCC Map Expands into New Industries

India’s GCC Map Expands into New Industries

The number of GCCs has grown about 32% in the last five years

Govindraj Ethiraj
Podcasts
Published on 7 May 2026 6:00 AM IST

GCPL, HUL Brace For Margin Pressure As Palm Oil Crunch Looms

GCPL, HUL Brace For Margin Pressure As Palm Oil Crunch Looms

Tony Gunnarsson On How Advertising Is Reshaping Subscription Video and OTT Growth

Tony Gunnarsson On How Advertising Is Reshaping Subscription Video and OTT Growth

Ceasefire Breakdown Makes Markets Nervous Again

Ceasefire Breakdown Makes Markets Nervous Again

From Parts To Platforms: Indian MSMEs Are Reshaping The Drone Supply Chain

From Parts To Platforms: Indian MSMEs Are Reshaping The Drone Supply Chain

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