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Middle class to remain India’s growth engine: FM Sitharaman
India's middle class is identified as the primary driver of the nation's robust economic expansion, fueling consumption and ensuring its status as the world's fastest-growing major economy post-pandemic. Finance Minister Nirmala Sitharaman highlighted that by 2036, this segment will account for nearly all spending. Government initiatives are credited with broadening this base and enhancing wealth distribution across numerous cities, not just metropolises, bolstering the country's growth outlook.
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theprint.in
Middle class growth engine of India; 500 cities to emerge as economic hubs: Sitharaman
New Delhi, Jul 3 (PTI) Finance Minister Nirmala Sitharaman on Friday described the middle class as the growth engine of India and said nearly 500 cities are poised to emerge as…
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economictimes.indiatimes.com
Middle class to remain India’s growth engine: FM Sitharaman
India's middle class is identified as the primary driver of the nation's robust economic expansion, fueling consumption and ensuring its status as the world's fastest-growing…
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timesofindia.indiatimes.com
Nearly 500 cities set to become next economic hubs: FM Sitharaman
NEW DELHI: Finance minister Nirmala Sitharaman on Friday described the middle class as the growth engine of India and said nearly 500 cities are poised to emerge as the country's…
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newsbytesapp.com
India's middle class set to drive 93% of consumer spending
India's middle class is set to dominate consumer spending, contributing 93% of total expenditure by 2036, according to Finance Minister Nirmala Sitharaman on July 3.
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Middle class, aspirational consumers to drive 93% of India's spending by 2036: Sitharaman
India's middle class is poised to fuel significant economic expansion, with 93% of all spending expected to originate from this segment by 2036. This growth is increasingly driven…