Indian Middle-Class Struggles: Economic Slowdown, Job Losses, and Shrinking Savings
Indian Middle-Class Struggles: Economic Slowdown, Job Losses, and Shrinking Savings: India’s once-prosperous middle class is now dealing with economic challenges that have led to significant changes in spending. The Marcellus Investment Managers report highlights three key factors for the slowdown: technological turmoil, economic decline, and declining household incomes. Jobs that are normally considered static, such…