Prashant Jain Bengaluru wealth summit: blue-collar pay nears entry-level IT
NewsBytes | May 14, 2026 6:40 PM CST
Prashant Jain: incomes boost India's consumption
Jain says this shift is actually good for the economy. With more people earning steady incomes and spending more, India's consumption story gets stronger and less dependent on just one group.
He also noted that these workers tend to save more because of lower living costs, which helps stabilize economic growth even as tech jobs face uncertainty.
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