2020: The Year the Middle Class Was Crushed

2020 was the worst year in the history of independent India. Our GDP is set to decline for the first time in 41 years.

2020 was the worst year in the history of independent India. Our GDP is set to decline for the first time in 41 years. The year was particularly bad for the middle class with job losses, salary cuts and a decline in savings. And what is concerning is that the situation has taken a turn for the worse in November.