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    Home » How The Neo Middle Class Is Redefining India

    How The Neo Middle Class Is Redefining India

    Anil PadmanabhanBy Anil PadmanabhanMarch 6, 2025Updated:March 6, 2025 Capital Calculus No Comments1 Min Read
    middle class

    A few weeks ago, Prime Minister Narendra Modi told Parliament that in the last decade India had added 25 crore people to the middle class.

    PM Modi was referring to the segment that had been bootstrapped out of poverty on the strength of the government’s social welfare programmes and improved access to public goods like electricity, banking and so on.

    The obvious question is as to how will this impact India’s polity? How will it impact consumption? How will it shape the employment profile of India.

    To answer all this and more, StratNewsGlobal.Tech spoke to Pradeep Gupta, CEO, AxisMyIndia.

    Author

    • Anil Padmanabhan
      Anil Padmanabhan
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    consumption Economy government India middle class polity poverty social welfare programmes
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