What Data Says About How Middle Class Is Defined In India
By Mohammed Kudrati Recently, at an event organised by Panchjanya magazine, Finance Minister Nirmala Sitharaman said that she identifies herself as 'middle class', to convey that she understands the pressures and problems they face. Sitharaman also said that the government does not tax income under ₹5 lakh, with no extra taxes being imposed on the 'middle class' under the government; portraying facilities like metros, smart-cities and better drinking water coverage to be middle-class friendly initiatives. However, there is no fixed definition of who can be called economically middle class. Rat...