While India's middle class is projected to drive 93% of the nation's spending by 2036, this rapid expansion presents several challenges that warrant critical examination.
The swift growth of the middle class has led to increased demand for goods and services, placing significant pressure on infrastructure and resources. Urban areas, in particular, are experiencing congestion, inadequate public services, and environmental degradation as they struggle to accommodate the burgeoning population. The strain on infrastructure not only affects the quality of life but also hampers economic productivity and sustainability.
The concentration of the middle class in tier two and tier three cities, while promoting regional development, has also led to disparities in resource allocation. Smaller cities often lack the necessary infrastructure, healthcare facilities, and educational institutions to
