Is the Indian middle class dying?

· Scroll

After independence, the middle class ruled India. High-quality university education, good urban infrastructure, and law and order in metros: the government strove to meet white collar India's needs.

Visit umafrika.club for more information.

Today, however, argues investor Saurabh Mukherjea, that is not the case. He says the middle class lacks political leverage despite contributing the most towards taxes.

In a new book, Breakpoint: The Crisis of the Middle Class and the Future of Work, Mukherjea, along with Nandita Rajhansa and Sapana Bhavsar, argues that falling employment, stagnant wages and exploding debt driven by social media envy means the Indian middle class is facing an existential crisis.

Host: Shoaib Daniyal

Producer: Priyali Dhingra

Editor: Hyder Habib

...

Read more

Read full story at source