Entrepreneur • 8m
India's Two-Year Low: The Middle Class Squeeze Amid Economic Turmoil India's urban consumption has hit a two-year low in 2024, driven by persistent inflation and stagnant wages. Middle-class households, already struggling with rising costs, are cutting back on spending, impacting essential sectors like FMCG and travel. Despite projected GDP growth of 7.2%, this slowdown highlights deep economic challenges. Food inflation remains above 8%, squeezing budgets and shrinking purchasing power, while wage growth fails to keep pace. Addressing these structural issues is critical to reviving consumer confidence and ensuring sustainable economic growth. Let’s discuss—what’s the path forward for India’s middle class?
🎥-🎵-🏏-⚽ "Finding ... • 5m
India's Budget 2025-26: Sectoral Impacts Finance Minister Nirmala Sitharaman presented the annual budget focusing on increasing middle-class spending, promoting inclusive development, and encouraging private investment. Consumer goods and automaker
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