Indian monthly average salary increased by Rs 4565 in 7 years
Recently a government report has come on the income and expenses of the common people of the country, which is shocking. According to the report, in the last seven years, the average salary of people has definitely increased, but so low that its effect has been reduced than inflation. According to the government report, the average monthly salary of employees who received regular salary in July-September 2017 were around ₹ 16,538. At the same time, it has increased to ₹ 21,103 by April 2024. That is, in total, there has been an increase of only ₹ 4,565 in 7 years, which is equal to an increase of about 27.6%.
At the same time, talking about daily wage laborers, their daily earnings have increased from ₹ 294 to ₹ 433. The increase seems fine in terms of percentage percentage, but when it is constantly mixed with increasing inflation, its effect is rarely seen on the common man’s pocket.
Unemployment rate declines
The unemployment rate has definitely decreased, but there has been no big difference in salary. It has been said in the report that the unemployment rate in the country was 6% in 2017-18, which has now come down to 3.2%. Especially the unemployment of youth has come down from 17.8% to 10.2%, which is less than the average of the world.
Unemployment of men has come up to 5% by August 2025, which is the lowest in the last four months. It is good news that people are getting jobs, but the real question is how good these jobs give, so that people can fulfill their growing needs and rising expenses of inflation comfortably.
EPFO data increased
EPFO statistics also show that job opportunities are increasing. According to the Employees Provident Fund Organization (EPFO), 1.29 crore new members have been added so far in FY 2024-25. Since September 2017, more than 7.73 crore new subscribers have been connected. Only in July 2025, 21.04 lakh new people joined the EPFO, of which more than 60% of the youth (between 18 and 25 years) are. This clearly shows that people are also increasing awareness about social security along with jobs.
Rapid enhancing self -employment
The report has also revealed that now more people are turning to self -employment and small business. In 2017-18, the share of self-employment was 52.2%, which has now increased to 58.4%. At the same time, the number of casual labor has come down to 19.8%. This means that many people are starting their work due to lack of stable jobs. This is a good thing, but at the same time it also tells that getting a good and stable job remains a big challenge.