What the middle class wants
Arvind Virmani : Mon Jan 28 2013, 09:42 hrs
Related
Top Stories
- IPL spot-fixing case: Actor Vindoo Dara Singh arrested in Mumbai
- IPL 2013 LIVE SCORE: Mumbai Indians vs Chennai Super Kings
- Just in: Pune Warriors withdraw from the Indian Premier League
- Li Keqiang pitches for more Chinese investments as he backs trade balance
- Supreme Court rules out ban on IPL matches, slams BCCI over spot-fixing
Though this new middle class is still relatively small and concentrated in the urban and semi-urban areas, it is projected to grow rapidly in the next two decades if our average per capita GDP grows at its full potential of 7 per cent. The political party that finds the right policy balance between these three objectives, and convinces both the emerging middle class and the lower income groups, will be the winner.
The writer is non-resident senior fellow, Brookings, and former chief economic advisor, Government of India, express@expressindia.com
Please read our terms of use before posting comments
Pressure on Indian rupee lessening, may gain 52-level Vs $ in 12months
Diesel price hiked by Re 1 per litre
Govt may appoint 6-7 merchant bankers to manage CIL stake sale
Diesel demand to pull down May exports by 30%
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
Editors’ Pick
- 'Sophisticated' Indian cyberattacks targeted Pak military sites: Report
- Talkative Li quoted Weber, Hegel, Jobs, said PM is large-hearted
- Bihar food corp ends up with chaff as rice worth Rs 535 cr vanishes from mills
- In 7 lucrative minutes on May 9, Sreesanth bowled 6 balls, bookie made Rs 2.5 cr
- India and China ask border envoys to work on more steps
- Former Ranji player among 3 more held
- Rajasthan Royals to file FIR against tainted trio
- Family of theft accused allege police torture
- After Khalid’s death, Muslim leaders want govt to make Nimesh panel report public
- Meteoroid impact triggers bright flash on the moon
- Cobrapost sting: NABARD chief gives clean chit to co-operative banks
- Google Maps leads Chinese man abducted 23 years ago back home
