Middle Class Emerges a Winner

Middle Class Emerges a Winner

The middle class has emerged as a driving force in India’s growth story under PM Modi’s leadership. Infrastructure development, including a vast metro network and Vande Bharat trains, zero tax up to Rs. 7 lakh, and housing sector initiatives like RERA, PM Awas Yojana, and SWAMIH investment fund have contributed to the rise of the middle class, constituting 31% of the total population in 2021-22.

The Aatmanirbhar Bharat Rozgar Yojana benefitted 60 lakh beneficiaries while Rs. 82,222 crore worth of AMRUT projects have been taken in 500 cities and towns across the country. The increase in per capita income (from Rs. 79,118 in 2013-14 to Rs. 1.97 lakh in 2022-23) and the rise of the neo-middle class demonstrates that India’s middle class has emerged as a winner in India’s growth story.

Join BJP

Click here