He breaks it down ruthlessly: a ₹50K monthly salary eaten up by ₹20K rent, ₹10K EMIs, ₹5K in weekend splurges—and barely ₹1K ...

The DTC buses ran on time, there were no skirmishes or shortages at DMS milk booths, and if one went to the CPWD “Enquiry ...

India is often described as a country on the rise — and by many measures, that’s true. With a projected GDP of over $4.2 ...

India’s government housing projects struggle with a significant deficit among the economically weaker sections, whose needs remain largely unmet despite a substantial amount being spent on multiple ...

Three years later, in 2018, the Economist ran a piece titled India’s Missing Middle Class, cautioning global brands that a billion-strong population doesn’t mean a billion eager spenders.

You’re not poor enough to qualify for aid. You’re not rich enough to escape the grind. You fund the system, but it never shows up for you. That’s the trap India’s middle class finds itself ...

According to him, the data tells the story. For the low-income group earning under ₹5 lakh a year, income rose from ₹2.4 lakh to ₹3.6 lakh, a compound annual growth rate (CAGR) of 4.0%.

Internationally, India’s middle class aligns with global economic benchmarks, earning between USD 4.11 and USD 23.56 per day at 2020-21 exchange rates, similar to frameworks defined by Milanovic ...

A 2021 Pew survey estimated that India’s middle class, defined as those earning $10-20 a day, had shrunk to 6.6cr, highlighting the precarity of this group. This isn’t too far from the tax ...

People earning below 4LPA are Low income group. 4-8 lower middle class,8-12 middle class. 12-15 upper middle class. 15-20 upper class. Only one person earning 12L in a family of 4 should be ...

“In this Budget, the proposed development measures span ten broad areas focusing on Garib [the poor], Youth, Annadata [farmers], and Nari [women]… 6) Boosting manufacturing and furthering Make in ...