Why India’s Middle Class is Getting Poorer? | Economics Gyan

In this video, we dive deep into the alarming trends impacting India's economy over the past three quarters. With GDP growth plummeting from 8% to 5.3%, and private consumption decreasing dramatically, what's really causing Indians to tighten their belts? Join us as we explore the significant factors like wage stagnation, rising food prices, and changes in taxation that are influencing consumer behavior and leading to a spending slowdown. We'll discuss what this means for you and the future of the Indian economy.
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