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Rural wages trailing inflation, govt needs to continue support: Report

In a report, Crif High Mark observed that rural wages are unable to keep pace with rising inflation and sought continued interventions from the policy front on this

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Workers at a tea garden on the outskirts of Siliguri. File pic/AFP

Workers at a tea garden on the outskirts of Siliguri. File pic/AFP

Rural wage growth is trailing inflation and the government needs to continue policy support to help people in the mofussil areas, a credit information company said on Thursday. In a report, Crif High Mark observed that rural wages are unable to keep pace with rising inflation and sought continued interventions from the policy front on this.

"With rising rural inflation, decline in real rural wages and slowing rural demand, it is important for the government and policymakers to continue their support to the rural sector," it said. Rural inflation had remained above urban inflation in the first half of 2022, it said, adding that rural consumption declined and average rural unemployment decreased.

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