write one despondency of the middle class
Answers
Answer:
sorry i don't know
Explanation:
I am so sorry
Answer:
India’s middle income segment has been described by our Finance Minister Nirmala Sitaraman as those with income below Rs. 18 lacs per annum ($2000 per month) and above the poverty line. This would correspond to approximately 20% (excluding farmers) of rural and urban populations, and cut across religion, caste and gender. However, the representative income in this category is closer to Rs. 6 lacs per annum ($700 per month). Multiple studies have spent more time trying to classify and less on their behavior patterns and how to respond to them.
The classical representative of the Middle Class before the mid-1990s would perhaps meet the following characteristics:
Educated, graduate or post-graduate for the white collar job holders and high school or at least class 8 for most blue collar jobs. Can speak, read and write at least two, often three languages. Has reasonably good numerical skills. Has a view on most subjects, often preferring talk to action, and tends to be risk averse in general.
Is reasonably religious, and celebrates festivals with gusto. Births, marriages and deaths tend to be important mandatory social connection events, and complying with norms is a high point in his life. Is highly verbose on patriotic issues, religious issues, and tends to respond emotionally, often displaying herd behavior.
Is great at compressing lifestyle and Saving is a strong inherited habit. Purchase of TV, washing machine, air-conditioners, motor-cycle or entry-level car are important personal milestones. Purchase of a dwelling unit is a lifetime dream, and will spend his entire life paying EMIs for his home. Many carry on living with their parents as the above income makes it nightmarish to buy and pay for a new dwelling unit.
Is a law abiding citizen, except when it comes to personal hygiene and road sense.
Is committed to providing his children the best of education, though the obsession with having a male offspring often ovHowever, post Economic Liberalization that started in the early 1990s, new services segments opened up which created an entirely new set of young entrants. Their behavior and expectations radically different from their predecessors. Let’s trace this evolution: