Slowdown in economy results in decade’s lowest salary increase
The study analysed from over 1,000 companies from more than 20 industries. These participating firms were split equally between manufacturing and service sectors.
The study analysed from over 1,000 companies from more than 20 industries. These participating firms were split equally between manufacturing and service sectors.
Prakash Javadekar also hit back at Congress for taking a dig at Finance Minister Nirmala Sitharaman over her absence from a pre-budget meeting chaired by the Prime Minister.
The labour productivity growth in the current financial year (FY19) is at 5.2 per cent.
Further, it has also cut the estimate for the next fiscal, FY 2020-21 to 6.5 per cent from 7.2 per cent.
This GDP growth data for the September 2019 quarter is the lowest since January-March of 2012-13
From a year earlier in September 2019, the nation’s infrastructure output fell 5.2 per cent, the worst performance in years.
Shiv Sena said that the slowdown is evident in the subdued Diwali celebrations this year.
