Real Estate
Data Story: The Growth of Financial Services, Real Estate, and Professional Services in India
The Gross Value Added (GVA) data highlights a significant shift towards a services-driven economy in India, with key sectors like financial services, real estate, and professional services leading the charge. However, this growth model is leaving behind other job-creating sectors.
Real Estate
Profit Rise in GVA Not Matching Wage Increases: Report
Despite a sustained increase in profits within India's Gross Value Added (GVA), the wage share has seen a decline, raising concerns about economic inequality and consumer demand.
Real Estate
Rise in Profits in GVA Not Translating into Higher Wages: Report
While the real estate sector saw a small rise in the share of compensation, the construction sector experienced a significant decline. The overall decrease in wage share amidst rising profits highlights growing economic inequality.
Real Estate
Wage Share Declines as Profit Share Surges in India's GVA: NAS Data
New data from the National Accounts of Statistics (NAS) reveals a growing disparity between employee compensation and business profits in India's Gross Value Added (GVA). While profits have risen sharply, wage shares have declined, raising concerns about economic inequality and consumer demand.
real estate news
India Requires 10 Million New Jobs Per Year to Maintain 6.5% GVA Growth by FY30
Incentivizing affordable housing developments could stimulate the real estate sector and boost job creation in India, contributing to the country's ambitious goal of sustaining a 6.5% GVA growth rate through FY30.