Topic: middle class
It is futile for liberals to look for political space in this middle class – Gandhi and Nehru are, for them, just names from a lost world.
Author Flock says Indian middle class wants to push boundaries while maintaining a certain status.
Ironically, it was the same aspirant middle class with materialistic ambitions that had welcomed Dr Singh in 1991, but grew tired of him by 2014.
The global middle class is typically defined as having daily consumption expenditure levels of above $10 (in terms of PPP), which is almost Rs 650.
Governments treat the middle classes rudely and squeeze taxes out of them as they are the usual suspects – without lobbies or electoral power.
Three economists, Neelanjan Sircar, Devesh Kapur, and Milan Vaishnav went around India asking: 'Do you call yourself middle class?'
The emergence of the Indian middle class has received much attention, but there’s no one authoritative way of defining what it means to be ‘middle class’.