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GDP growth figures worse than anticipated, "slowdown" will have severe consequences: Jairam Ramesh

India's GDP growth for July-September 2024 was 5.4 per cent, lower than expected. Consumption grew by 6 per cent. Congress leader Jairam Ramesh attributes this slowdown to stagnant wages over the last decade. He notes that private investment remains sluggish and urges attention to real wage growth to boost economic potential.

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