India's small businesses drive jobs growth, wage gains curbed by inflation

  • Posted on December 24, 2024
  • By Business News Today
  • 2 Views
India's small businesses drive jobs growth, wage gains curbed by inflation

India's small businesses in the manufacturing, trade, and services sectors added 11 million jobs in the year ending September, growing employment to 120.6 million. Although job creation is seen, inflation limited wage growth. Small businesses' numbers rose significantly, playing a crucial role in the economy despite lower wages relative to the national average income.
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Business News Today

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