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Critical

Between growth haves, have-nots, mind the lag

India sees a dramatic wealth explosion for a small elite, with billionaires and millionaires surging. Conversely, the vast majority struggle with stagnant wages and insufficient employment opportunities. Average salaries remain low, and upward mobility pathways are shrinking, impacted by AI in IT and inadequate manufacturing job creation. The rise of low-productivity jobs like delivery riders and widespread anxieties over education and quality employment underscore a critical disparity. The author argues that the government must urgently facilitate more education and job opportunities to address this growing imbalance and harness India's demographic window effectively.

Indian Express · Editorial · Aug 3, 2026 at 12:35 AM

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