According to the report, households accounting for 44-45 per cent of the GVA have witnessed a decline in nominal wage growth to 5.7 per cent during FY17-FY21 from a high of 8.2 per cent during FY12-16, implying that wage growth in real terms is close to just about 1 per cent.
Nifty 50 Outperformers: Top stocks that gained over 80% in FY24
Benchmark equity indices ended on a buoyant note on the last trading day of the financial year 2023-24 against the backdrop of a positive trend