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Business News/ Videos / News/  Behind The Great Indian Middle Class Crisis Ft. Saurabh Mukherjea | Debt Trap, Flat Wages, Inflation

Behind The Great Indian Middle Class Crisis Ft. Saurabh Mukherjea | Debt Trap, Flat Wages, Inflation

Marcellus Investment Managers' Saurabh Mukherjea has flagged a troubling reality in his latest podcast - the fact that the Indian middle class seems to be sinking into a massive debt trap, and the numbers are only getting worse. As per Mukherjea, millions of middle class Indians have taken on multiple loans that they may not be able to repay ever, and the signs are everywhere. He underlines 3 reasons as to why India's middle class is losing economic momentum - watch

 
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