Economics

India to See Higher Salaries as Firms Look Beyond Covid Hit

Testing in Mumbai as India's Steady Recovery in Doubt By Spike in Virus Cases — Photographer: Dhiraj Singh/Bloomberg

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By Jaiveer Shekhawat

July 23, 2021 at 4:40 AM UTC

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Employees in India will see bigger pay rises next fiscal year as firms expect to emerge from lockdowns and the supply of applicants lags demand, according to recruiters and consultants.