Andy Mukherjee: China’s middle class ranks among the world’s largest but India’s doesn’t—How come?

📅 Published: December 19, 2025 | 📂 Category: Uncategorized

China and India both opened up their economies decades ago, but their prosperity is a study in contrast today. Beneath headline growth lies a deeper story of missing jobs, stalled wages and entrenched inequality that helps explain why the Indian middle class has all but fallen off the global map.

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