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Speculation about the size of India’s middle class took off along with the jump in economic growth. The baseline is often 1991,the beginning of economic liberalisation, which had a positive impact on growth, consumption, urbanisation and social mores. Economic growth moved to another level beginning 2004-05. It leads to the question, what happened to the size of the middle class. As TOI reported on Wednesday, think tank PRICE has done a quality survey that concludes the middle class more than doubled to over 30% of India’s households. The middle class has most certainly arrived.
Denne historien er fra November 03, 2022-utgaven av The Times of India Hyderabad.
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Denne historien er fra November 03, 2022-utgaven av The Times of India Hyderabad.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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