India In All Its Spender

Dr. Rajesh Shukla March 2, 2023

The estimates of private final consumption expenditure (PFCE) which is a proxy for household consumption, is expected to rise in absolute terms to Rs 164 trillion in FY23 from Rs 143 trillion in FY22 and Rs 121 trillion in FY21.

Middle Goes To Top

Dr. Rajesh Shukla February 2, 2023

A stronger and more secure middle class is crucial for continuing India’s upward trajectory. A massive shift towards a middle-class society is already happening in India.