Is the Indian middle class dream over? Saurabh Mukherjea on the 3 forces crushing your future
- Posted on April 21, 2026
- By Business News Today
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- 1 min read
Is the Indian middle class dream over? Saurabh Mukherjea on the 3 forces crushing your future
India's middle class is in deep trouble. Education no longer guarantees prosperity. Jobs are disappearing, especially in IT. Wages are not keeping pace with rising costs. Household debt is soaring, often for consumption. AI is further threatening jobs. This consumption engine slowdown impacts the economy. The middle class has limited political voice.