Middle Class Has Lost Faith in Economy
A new survey by CreditVidya has found that there has been a rapid decline in the income and spending of around 53 crore people belonging to the consumer class in India.
Newsclick Team

A new survey by CreditVidya has found that there has been a rapid decline in the income and spending of around 53 crore people belonging to the consumer class in India. Despite lesser income, people are saving more as they have lost trust on India's economy. If PM Modi doesn't increase the spending then the country's economy will reach new lows.

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