India is at the stage now that China was at 20 years ago when people were trying to take their lives jumping off Foxconn buildings due to being overworked.
Wage suppression and unemployment are major issues. Modi's economists have recognized the economy is at risk of underperforming due to inadequate demand (consumers not having the disposable income or time to consume goods and services).
They're trying to fix it with certain tax breaks but I hope the Indian people kick Modi to curb ultimately since he's spent most of his time stoking religious tensions, scapegoating minorities and giving kickbacks to Gujurati industrialists. He's a fascist.