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The standard of living in India varies from state to state. In 2021, extreme poverty was reduced to 0.8% [1] and India is no longer the nation with the largest population living in poverty. [2] There is significant income inequality within India, as it is simultaneously home to some of the world's richest people. [3]
In 20th century India, the upper-class (Ashraf) Muslims dominated the government jobs and parliamentary representation. As a result, there have been campaigns to include the Muslim untouchable and lower castes among the groups eligible for affirmative action in India under SC and STs provision act [ 268 ] and have been given additional ...
In sociology, the upper middle class is the social group constituted by higher status members of the middle class. This is in contrast to the term lower middle class, which is used for the group at the opposite end of the middle-class stratum, and to the broader term middle class. There is considerable debate as to how the upper middle class ...
The middle class is a broad group of people, so it's separated into three categories: Lower middle class, middle class, and upper middle class. Here's the financial data for each one. Lower middle ...
The income tax concessions to the middle class "seems aimed at addressing the slump in urban consumption", said Nomura's India Economist Aurodeep Nandi. The impact, however, could be limited since ...
To be part of the top 20% of the middle class, you need to earn $106,092 and $149,160, — depending on your geographic location — according to a recent study by GOBankingRates. “For instance ...
The globalisation and economic opportunities from foreign businesses has influenced the growth of India's middle-class population. Some members of the Chhattisgarh Potter Caste Community (CPCC) are middle-class urban professionals and no longer potters unlike the remaining majority of traditional rural potter members.
The modern usage of the term "middle-class", however, dates to the 1913 UK Registrar-General's report, in which the statistician T. H. C. Stevenson identified the middle class as those falling between the upper-class and the working-class. [13] The middle class includes: professionals, managers, and senior civil servants.