Private sector must share excessive profits with employees to boost demand, growth: CEA
New Delhi [India], January 31 (ANI): Chief Economic Adviser Anantha Nageswaran painted a stark picture of how Indian corporates are compensating their workers and employees, and called for a more equitable distribution of incomes.
"If you look at the growth in profitability and the growth in employment expense - a combination of hiring and compensation - there is a huge disparity between the two, which has been highlighte