Fri, Nov 06, 2015, 11:37 AM
Middle class lives are not changing despite rulers are talking about development in India. Population of middle class in India to rise to 60 crores by 2030. People falling in middle class section has major share in the Indian consumer economy. Rich are becoming more rich and poorer sections are living on subsidies. But, middle class caught in between rich and poor. According to estimates, annual average income of middle class in China is Rs 17 lakh. It is ten times higher than annual average income of an Indian middle class family.