04-July-2026
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India’s middle, slightly affluent class to account for 93% of consumption by 2036: Sitharaman
04-Jul-2026

Finance Minister Nirmala Sitharaman on Friday said India's middle-class and slightly affluent class will account for 93% of the country's consumption by 2036 due to the tax relief and welfare measures implemented by the government that have aided to boost the spending capacity of the population.

News Source:- https://www.newindianexpress.com/business/2026/Jul/03/indias-middle-slightly-affluent-class-to-account-for-93-of-consumption-by-2036-sitharaman