middle class spending

Tag: middle class spending

Is India’s Middle Class Losing Its Spending Power? Saurabh Mukherjea Raises Red Flag

2025-08-18 Niranjan Ghatule

India’s middle class is facing a financial squeeze as household savings hit a 50-year low, real wages fail to keep up with inflation, and job creation slows down. Saurabh Mukherjea warns that weak middle-class spending could hurt corporate growth and impact the future of India’s economy.

Is India’s Middle Class Losing Its Spending Power? Saurabh Mukherjea Raises Red Flag

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