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Salary hikes of about 9% fail to keep pace with rising living costs in India

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Salary increases of roughly 9% in India are not keeping up with soaring living costs and inflation. Households are facing higher spending on essentials such as food and fuel, which shrinks their disposable income. The gap between income growth and expenses is putting particular pressure on families with fixed financial commitments. As a result, even bigger paychecks can feel smaller in real terms.

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