Why India’s New Middle Class Still Feels Financially Unprepared in 2026

In the dominant narrative of India’s economic ascent, the rise of the “new middle class” has been a central plotline. This cohort, broadly defined as households with annual incomes between ₹5 lakh and ₹30 lakh, was seen as the engine of consumption, the beneficiary of liberalization, and the symbol of a confident, aspirational India. By … Read more