In a scathing LinkedIn post, founder of Tunerlabs, Shyam Achutan, painted a grim picture for the Indian middle class in the ...

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

The cities hit hardest by shrinking affordability were the ones already under pressure: Hyderabad saw a 69% drop in ...

Today, many people in the middle class are busy trying to look rich, rather than actually becoming rich. Costly gadgets, ...

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 ...

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.

Among those who assess themselves as poor, this threshold is ₹ 53,000; among those who say they are the lower middle class, it’s ₹ 78,000; among the upper middle-class, it’s ₹ 1 lakh ...

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 ...

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 ...

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%.

That will provide a consistent rise in the income of poor and middle-class families and avoid debt trap," said Gupta. India must curb personal loans except housing and educational loans.

Key takeaway from AAP’s Delhi disaster: Low-income, non-poor groups are ideology-free when voting AAP’s defeat in Delhi presents a clear irony. A party led by middle class activists and driven ...