Posts

Showing posts with the label middle class

The Indian Middle Class' Disaffection with the Modi Government

Image
Courtesy: Times of India Yes, you read it right. There is disaffection in the Indian middle class right now with the Narendra Modi government. This is not about tier I wine sipping elite intellectuals. This is about the great Indian middle class that has suffered immensely due to the COVID lockdown. This is the great Indian middle class of tier II, tier III and tier IV, living across India, many of whose children were working in tier I cities but lost their jobs and came back to sit idle at home. This is the great Indian middle class that forms a significant skilled migrant set that is increasingly getting  frustrated at the lack of job opportunities in the job market. This is the great Indian middle class that pays taxes across all hues but does not count as a significant voter base any more for the BJP. There is this sentiment among several well wishers turned haters that the BJP rose on the backs of the Indian middle class only to trample its spine and move forward to ensure tha...

Will 2024 Witness the Rise of the Urban India?

Image
One of the important takeaways that just does not seem to get registered from the West Bengal assembly elections is the middle class voters particularly the urban middle class literally deserting the Bharatiya Janata Party (BJP). It may seem a strange trend; however, it is not a one off incident. Rather, this seems to be a trend that no has been noticing for a while, especially in the assembly elections across various states. Over the years, the BJP actually shifted its vote base from the urban centres to the rural centres. What started in 2004 solidified into significant electoral successes in 2014 and 2019. However, there is a lot to worry about for a party that should be wiser to the change taking place. India’s middle class is not necessarily middle class by world standards . Let us make no mistake about it. Most of the middle class still makes what would be considered sub-par wages as per World Bank definitions. However, what differentiates them is the fact that purchasing power w...