India’s government is flagging a stubborn gap in private investment. Firms are sitting on large cash piles rather than expanding production, a pattern blamed on weak consumer demand, export headwinds, and policy constraints. Economists argue the next push must focus on faster real wage growth and shielding households from imported inflation to unlock spending and investment.
US inflation hit 3.8% in April, the highest since May 2023, pushing prices higher faster than paychecks can grow. Real wages fell for the first time in three years as gasoline surged 28.4% and rent inflation accelerated. Middle-class families are now paying more for essentials like groceries, fuel, electricity, and housing—turning inflation into a daily affordability shock.
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