India, with a population of 1.4 billion, appears to be a vast consumer market. However, a deeper look reveals that nearly 1 billion people lack the disposable income required for discretionary spending. According to the Indus Valley Annual Report 2025, only 130 to 140 million people—about the population of Mexico—form India's true consuming class.

Report: India’s middle class shrinks as wealth gap widens

India's Finance Minister Nirmala Sitharaman responded to a request from a social media user who requested to ensure relief to the middle class. The request was made by the user while replying to the minister's online post.

FM Nirmala Sitharaman reacts to user on X seeking relief for middle class, says 'input is valuable'

On the morning of July 23, 2024, India's Finance Minister Nirmala Sitharaman, clad in a white saree with red border (which somehow always manages to make it to the headlines), held the red-coloured bahi-khata - which has become an emblem of tradition in the modern-day Indian Parliament - and posed for the crowd of reporters as millions of people belonging to the country's middle-class watched with hope what she will bring to the table in her seventh consecutive budget.

Money-Wise: Decoding what the middle class ACTUALLY gained from India's budget

Indian Finance Minister Nirmala Sitharaman on Wednesday (August 7) said "we heard the people" as she confirmed revised real estate indexation rules in the Parliament.

Nirmala Sitharaman says burden on middle class narrative ‘not based on facts’; clarifies real estate taxes

Indian Finance Minister Nirmala Sitharaman on Thursday (Feb 1st) presented the interim Budget speech in the Lok Sabha, lower house of the Parliament, During her sixth straight budget, Sitharaman announced a slew of revolutionary schemes for a variety of industries.

India Budget 2024: Revolutionary steps announced for solar, dairy and fisheries industries - check details

Indian Finance Minister Nirmala Sitharaman on Thursday (Feb 1st) said during the interim budget speech in Parliament that the government believes in "empowering the poor" and that in the last 10 years, it has helped at least 25 crore (250 million) people to get freedom from multidimensional poverty.

India Budget 2024 | 250 million people came out of poverty in the last 10 years: FM Sitharaman

Indian Finance Minister Nirmala Sitharaman on Thursday (Feb 1st) said the global situation is becoming more complex and challenging. Crediting wars and conflicts in different parts of the world, the Indian Union minister, while presenting the interim Budget, said that a new world order is emerging and India has successfully navigated the global challenges in fuel and fertiliser price spike.

India interim Budget: Nation has successfully navigated global challenges, says FM Sitharaman

During the presentation of the India interim budget 2024, Finance Minister Nirmala Sitharaman announced government plans to bring a housing scheme aimed at addressing the needs of the middle class in the country.

India Budget 2024: Govt to launch housing scheme for middle class

The Narendra Modi government will be presenting its final budget of its second tenure on Thursday (February 1). Ahead of the budget, the middle class of the country is once again looking towards Union Finance Minister Nirmala Sitharaman for announcements that might ease the burden on their pockets.

India Budget 2024: What announcements middle class can expect from interim budget

Expressing his thoughts on India’s Union Budget 2023–24 after it was tabled by India’s Finance Minister Nirmala Sitharaman in the Parliament on Wednesday, Indian Prime Minister Narendra Modi said that it will build a strong foundation of a developed India.

Budget 2023: PM Modi says steps taken to empower middle class, ensure ease of living

Is there enough tax relief for Middle class? Is there enough room to attract foreign companies? How will we diversify supply chains? Why is the hospitality sector unhappy?

Gravitas: What Budget 2021 does not mention

What does this budget mean for the ordinary Indian? WION's Palki tells you why this is not a populist budget, but a practical one.

Gravitas: Budget 2021: What does it mean for the ordinary Indian?

On the occasion of India's 74th Independence Day, PM Modi is addressing the nation from the ramparts of Red Fort. PM Modi hailed the capabilities of the middle class of the country and said that the middle class if given opportunities, come up with great results.

Indian PM Narendra Modi: Middle class an important part of our society | India News

Former prime minister Manmohan Singh Saturday claimed the Congress' 'Nyay' minimum income guarantee scheme will not result in any new taxes on middle class. Watch full video to know more.

EX-PM Manmohan Singh on Nyay scheme: No new taxes for middle class

The middle class has always suffered under Congress rule, Prime Minister Narendra Modi said in Tripura on Sunday. Modi is on another one of his campaign blitzkriegs, having spoken in Bengal earlier in the day, and being scheduled to speak later in Manipur.

Middle class has always suffered under Congress rule: PM Modi in Tripura

Various initiatives in the interim budget such as tax rebates for the middle class will benefit the travel and tourism sector, industry players said. "On the whole, the interim budget is promising for the travel industry, complemented by further tax rebate for the middle-income group more savings, more travel," said FCM Travel Solutions MD Rakshit Desai.

Tax rebates for middle class to benefit travel, tourism sector: Industry

Looking for five more years in power, the ruling Bharatiya Janata Party-led alliance will woo rural and urban middle-class voters with farm relief measures and tax cuts, said officials privy to plans for the final budget before India's general election.

Budget will woo rural voters with farm relief measures, middle class with tax cuts: Sources

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