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For a few years now, the Khaas Aadmis have been self-categorising into three typologies; the foreign-educated Indian, the Indian who has lived abroad and returned home, and lastly the Indians settled abroad who are still engaged in writing the country's script.
Though it is too early to interpret possible impact of the new activism of India's burgeoning urban middle class on nature and character of politics and system of governance, if we take recent global events as a sort of barometer, the change has already begun.
By taxing both income and consumption at punitive rates, the government drains the surplus with the middle class, which could have been used more efficiently for higher consumption, triggering higher production or savings, leading to more funds for investments.
Even 30 years after Tiananmen, China’s leadership is unable to understand — or is stubbornly unwilling to understand — the contradiction between
The entire anti globalisation move is centred around protection of jobs.
Key proposals unveiled in this budget are primarily aimed at rural communities and the urban middle classes.
China is looking back into history to tap its hallmark ‘stall economy’ for its low-middle class population.
During a discussion on "Urban Middle Classes and the Ascent of New Politics in India" at ORF, it was noted that success should not be measured in terms of the ability to ensure successful electoral outcomes but as an attempt to make better societies.
COVID-19 is the flash point which can tip us over the edge. But it was always touch and go. India needs a reset towards resilience.
To become a major industrial nation by 2030, as predicted by a Washington think-tank recently, India will require many changes in the economic structure of the country in which efficient and viable small and medium enterprises coexist with the big factory-based organised sector and with a middle class bigger than that in the US and Europe combined, to support it with their demand.
Engaging youth in the SDG debate will require more than classroom education — it’s time we saw greater online innovation.
The statistics in the socio economic caste census is a stark reminder that most rural poor in India do not belong to the 'middle class' at all. It is important to face up to the stark reality. Emphasis and implementation of Digital India, Make in India, Smart cities' programmes ought to take into account the problems faced by the poor.
The Indian economy is at a defining moment where the future might show a reversal from the trend of the consumption-driven growth phenomenon
In the Union Budget, the Finance Minister needs to restore the confidence of the middle class investor who now have little faith in anything other than gold and real estate as the means of preserving and growing her savings.
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