Lead Story

Crisis In The Middle

Has the world’s sixth-largest economy, that has been chasing the elusive double-digit growth for two decades, failed its tens of millions of citizens aspiring to lead a middle-class life? 

Published a year ago on Oct 01, 2021 18 minutes Read

Ten years ago, Kamlesh Kumar was proud to join a Noida-based tile manufacturing company at a monthly salary of Rs 25,000. Like any first-time earner, the young commerce graduate from Patna in Bihar had dreams: buy a car and purchase a small apartment, even if it meant a stretch. Loans and a little family support would get him there, he was sure.