In India, the share of the population that earned at least the equivalent of the highest ** percent of global income earners as of 2022 in purchasing power parity (PPP) terms was ** percent. Hyderabad topped the list with the highest share of middle-class and above category of consumers. Cities from south India topped the list with the first four ranks, followed by the national capital, Delhi.

In the financial year 2021, a majority of Indian households fell under the aspirers category, earning between ******* and ******* Indian rupees a year. On the other hand, about ***** percent of households that same year, accounted for the rich, earning over * million rupees annually. The middle class more than doubled that year compared to ** percent in financial year 2005. Middle-class income group and the COVID-19 pandemic During the COVID-19 pandemic specifically during the lockdown in March 2020, loss of incomes hit the entire household income spectrum. However, research showed the severest affected groups were the upper middle- and middle-class income brackets. In addition, unemployment rates were rampant nationwide that further lead to a dismally low GDP. Despite job recoveries over the last few months, improvement in incomes were insignificant. Economic inequality While India maybe one of the fastest growing economies in the world, it is also one of the most vulnerable and severely afflicted economies in terms of economic inequality. The vast discrepancy between the rich and poor has been prominent since the last ***** decades. The rich continue to grow richer at a faster pace while the impoverished struggle more than ever before to earn a minimum wage. The widening gaps in the economic structure affect women and children the most. This is a call for reinforcement in in the country’s social structure that emphasizes access to quality education and universal healthcare services.

Dataset

This dataset was created by shyamal b2

Released under CC0: Public Domain

Contents

This dataset is one which highlights the demographics of Upper-Middle Class people living in Gachibowli, Hyderabad, India and attempts to, through various methods of statistical analysis, establish a relationship between several of these demographic details.

Between the financial year 2016 and 2021, the number of super-rich households in India earning more than 20 million Indian rupees recorded an annual growth of 11.3 percent. The growth is expected to continue in the next decade at 17.5 percent. This will be the fastest growth across all income categories. The share of destitute households is expected to decline by almost 8 percent between financial 2021 and 2031.

In the financial year 2021, the number of super-rich households earning more than ** million Indian rupees went up to **** million from **** million in the financial year 2016. This was an annual growth of **** percent. The number is expected to grow to over **** million in the financial year 2031 and ** million households in the financial year 2047. This will be the fastest growth across all income categories. On the other hand, destitute classified Indian households with earnings of less than *** thousand annually decreased only marginally to ***** million in financial year 2021 from **** million in 2016. However, it is estimated that the number of destitute households will fall to just *** million by the financial year 2047.

Malaysia HIBAS: Monthly Gross Income: Mean: Middle 40%: Indians data was reported at 6,669.000 MYR in 2016. This records an increase from the previous number of 5,646.000 MYR for 2014. Malaysia HIBAS: Monthly Gross Income: Mean: Middle 40%: Indians data is updated yearly, averaging 6,157.500 MYR from Dec 2014 (Median) to 2016, with 2 observations. The data reached an all-time high of 6,669.000 MYR in 2016 and a record low of 5,646.000 MYR in 2014. Malaysia HIBAS: Monthly Gross Income: Mean: Middle 40%: Indians data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Malaysia – Table MY.H033: Household Income and Basic Amenities Survey: Monthly Gross Income: Household Group: Median and Mean: by Ethnic Group.

According to data published by the Pew Research Center, India is estimated to have had a shrinking middle class as a result of the global recession brought on by the COVID-19 pandemic. It is estimated that the number of people in the middle income tier in India decreased from 99 million to 66 million following the COVID-19 global recession.

News Subscription Service Market Outlook

The global news subscription service market size was valued at approximately USD 12.5 billion in 2023 and is projected to reach USD 22.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.0% during the forecast period. The increasing demand for reliable and unbiased news content, driven by the proliferation of digital devices and rising internet penetration, is a significant factor propelling the growth of this market. With more consumers seeking high-quality news that is free from misinformation, the subscription model is gaining momentum as a preferred mode of accessing news content.

The surge in digital literacy across the globe is one of the key growth factors influencing the news subscription service market. As more individuals become adept at using digital platforms, there is an increasing inclination towards digital news consumption. The convenience of accessing news on-the-go through smartphones and tablets has tremendously boosted digital subscriptions. Moreover, the shift in consumer behavior towards personalized and ad-free content has further fueled the demand for subscription-based news services, as consumers are willing to pay for tailored content that meets their specific interests and preferences.

Another critical driver of the market is the ongoing digitization and technological advancements in the media industry. With the advent of artificial intelligence and machine learning technologies, news providers are increasingly able to offer personalized content recommendations, enhancing user engagement and satisfaction. This technological integration allows for a more interactive user experience, which is crucial for increasing subscription numbers. Additionally, the ability to access historical archives, exclusive articles, and multimedia content has made subscription services more attractive to consumers, thereby driving market growth.

Furthermore, the global awareness of the importance of supporting quality journalism is playing a crucial role in the expansion of the news subscription service market. In an era where fake news can distort public perception, consumers are emphasizing the need for credible news sources, often opting for paid subscriptions to support journalistic integrity. The increasing collaboration between news agencies and tech platforms to combat misinformation also underscores the importance of reliable news sources, thereby enhancing the market's growth prospects.

Regionally, North America currently stands as the largest market for news subscription services, driven by the presence of major media organizations and a tech-savvy population willing to invest in quality content. Europe follows closely, where an increasing number of individuals are subscribing to digital news platforms for timely updates and analysis. The Asia Pacific region is anticipated to witness the highest growth rate during the forecast period, attributable to its vast population and rapid digitalization. Countries like India and China, with their expanding middle-class populations and increasing internet penetration, are significant contributors to this growth trajectory. Meanwhile, Latin America and the Middle East & Africa are also expected to experience steady growth, although at a comparatively slower pace.

Subscription Type Analysis

The news subscription service market is segmented into digital, print, and hybrid subscription types. The digital subscription segment dominates the market, as consumers increasingly favor digital platforms for their news consumption. The convenience of accessing news digitally via mobiles, tablets, and desktops is a primary factor driving this trend. Digital subscriptions often come with the added benefit of multimedia content, such as videos and podcasts, which enhance the news consumption experience. Moreover, digital subscriptions tend to offer more timely updates and breaking news alerts, which are increasingly important for today's fast-paced lifestyles.

While print subscriptions have seen a decline, they remain relevant, particularly among older demographics who prefer the tactile experience of reading a physical newspaper. Print subscriptions still hold a significant share in regions where digital literacy is comparatively low, or where there is limited internet access. These subscriptions often appeal to a niche market that values the aesthetic and traditional aspects of print media. Some consumers also appreciate the curated and in-depth analysis often found in print editions, which may not always be available in digital formats.

France was the first country to introduce the Goods and Services Tax or GST. Currently, nearly 160 countries have imposed GST/VAT in some form or the other. Some countries have VAT as an alternative to GST. Yet, conceptually, it is a destination-based tax imposed on the consumption of goods and services. GST is a tax that replaced many indirect taxes in India. Goods and Services Tax was implemented in India from 1 July 2017. Here in India, most of the population is middle class and lower middle class where people either belong to service class or they depend on agriculture for their livelihood. In this scenario, the most important question is what is the impact of GST on the common man or the middle class family.

India Proportion of People Living Below 50 Percent Of Median Income: % data was reported at 9.800 % in 2021. This records a decrease from the previous number of 10.000 % for 2020. India Proportion of People Living Below 50 Percent Of Median Income: % data is updated yearly, averaging 6.200 % from Dec 1977 (Median) to 2021, with 14 observations. The data reached an all-time high of 10.300 % in 2019 and a record low of 5.100 % in 2004. India Proportion of People Living Below 50 Percent Of Median Income: % data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s India – Table IN.World Bank.WDI: Social: Poverty and Inequality. The percentage of people in the population who live in households whose per capita income or consumption is below half of the median income or consumption per capita. The median is measured at 2017 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries, medians are not reported due to grouped and/or confidential data. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).

The share of middle class' consumption of gold and jewelry across the country was estimated to be around 17 percent in 2030, up from around nine percent in 2020. As the middle class population increases, the income of the population increases which leads to increase in the consumption of gold, mainly because Indians consider gold as an important investment.

Disposable Personal Income in India increased to 296383300 INR Million in 2023 from 273364818.90 INR Million in 2022. This dataset provides - India Total Disposable Personal Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.

India HUDCO: Number of Dwelling Approved: Residential: Middle Income Group data was reported at 115,318.000 Unit in 2019. This records an increase from the previous number of 203.000 Unit for 2018. India HUDCO: Number of Dwelling Approved: Residential: Middle Income Group data is updated yearly, averaging 6,086.000 Unit from Mar 2007 (Median) to 2019, with 13 observations. The data reached an all-time high of 115,318.000 Unit in 2019 and a record low of 203.000 Unit in 2018. India HUDCO: Number of Dwelling Approved: Residential: Middle Income Group data remains active status in CEIC and is reported by Housing and Urban Development Corporation Limited. The data is categorized under Global Database’s India – Table IN.ED009: Housing Statistics: Housing and Urban Development Corporation Limited (HUDCO): Number of Dwelling Approved.

India Full Service Restaurants Market size was valued at USD 11.12 Billion in 2024 and is expected to reach USD 26 Billion by 2032, growing at a CAGR of 11.2% from 2026 to 2032.Key Market Drivers:Increasing Middle-Class Population: India's middle class is one of the world's fastest expanding groups and its expansion is important to the growth of the FSR market. By 2030, India's middle class is estimated to number more than 600 Million. As the middle class grows, so does the need for higher-quality, variety eating options, as people with larger discretionary incomes go out more frequently.Increasing disposable income: As India's economy grows, disposable incomes rise rapidly. By 2025, it is expected that the average disposable income of Indian households will increase by more than 10%. This increase in disposable income is driving up spending on discretionary items like dining out.

This dataset contains key characteristics about the data described in the Data Descriptor Physical activity, time use, and food intakes of rural households in Ghana, India, and Nepal. Contents:

    1. human readable metadata summary table in CSV format


    2. machine readable metadata file in JSON format 
     Versioning Note:Version 2 was generated when the metadata format was updated from JSON to JSON-LD. This was an automatic process that changed only the format, not the contents, of the metadata.

This paper analyzes how preferences for a noneconomic characteristic (e.g., caste) can affect equilibrium patterns of matching, and empirically evaluates this in the context of middle-class Indian arranged marriages. We show theoretically how the equilibrium consequences of caste depend on whether preferences are towards one's own group or for "marrying up." We then estimate actual preferences for caste and other attributes using a unique dataset of individuals who placed matrimonial advertisements and find only a strong preference for in-caste marriage. This translates, in equilibrium, in caste doing little to alter the matching patterns on non-caste attributes. (JEL C78, J12, O15, O17, Z13)

In the financial year 2021, the average annual saving of rich households in India was over 606 thousand Indian rupees, a stark contrast to destitute category which saved only five thousand Indian rupees. The middle-class saved almost 130 thousand Indian rupees annually. During the year, a rich household spent almost 25 times that of a destitute household, eight times that of an aspirer household, and almost three times that of a middle-class household.

Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) in India was reported at 0.76123 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Merchandise imports from developing economies within region (% of total merchandise imports) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Indian Whiskies Market Outlook

The global Indian whiskies market size is currently valued at approximately $23 billion in 2023 and is projected to reach a staggering $35 billion by 2032, exhibiting a robust compound annual growth rate (CAGR) of 4.75% over the forecast period. The burgeoning growth in this market can largely be attributed to the increasing global demand for premium and luxury spirits. A growing acceptance of whisky as a versatile spirit, coupled with India's rich heritage in whisky production, has amplified interest in both domestic and international markets. Key factors driving this market include the rising disposable incomes, changing consumer preferences towards premium beverages, and the influence of western culture, which collectively have played a significant role in shaping the market dynamics.

The growth of the Indian whiskies market is underpinned by a variety of cultural, economic, and social factors. The Indian whisky market benefits immensely from India's vast population and its demographic dividend, with a significant percentage of young consumers entering the legal drinking age every year. This young demographic is not only inclined towards experimenting with different whisky brands but is also more receptive to premium and international whiskies. Moreover, rapid urbanization has led to the proliferation of modern trade channels like supermarkets and hypermarkets, which makes it easier for consumers to access a wider variety of whiskies. Additionally, the rise of e-commerce platforms has significantly contributed to the market expansion by offering consumers the convenience of online shopping, diverse product options, and competitive pricing, thereby expanding the market reach.

International tourism and globalization have also played a crucial role in the growth of the Indian whiskies market. The influx of international tourists seeking authentic Indian experiences has led to an increased consumption of Indian whiskies. Additionally, Indian whiskies have started to make a mark on the global stage, with a number of brands winning accolades and being recognized for their unique flavors and quality. This international recognition has not only boosted exports but has also enhanced the brand image of Indian whiskies in the domestic market, prompting a surge in demand from local consumers who are now more willing to experiment and invest in premium brands. Furthermore, the rising trend of whisky appreciation clubs and tasting events has fostered a culture of whisky connoisseurship, further enhancing consumer engagement and interest in this segment.

From a regional perspective, India remains the dominant market for Indian whiskies, driven by its large consumer base and increasing disposable incomes. However, the market is witnessing significant growth in other regions as well, particularly in Asia Pacific and North America. The Asia Pacific region, with its increasing urbanization, evolving lifestyles, and growing middle-class population, presents lucrative opportunities for market expansion. North America, on the other hand, is experiencing a growing affinity for Indian whiskies, fueled by the increasing popularity of craft and premium spirits among whisky enthusiasts. Furthermore, the Middle East & Africa and Europe are also observing a steady rise in Indian whisky imports, bolstered by an expanding consumer base interested in diverse and exotic spirit options.

Product Type Analysis

The Indian whiskies market is segmented into various product types, including Single Malt, Blended Malt, Grain Whisky, and others, each contributing uniquely to the market dynamics. Single Malt whiskies, known for their distinct character and rich flavors, have been gaining prominence among whisky aficionados. This segment is primarily driven by the increasing consumer inclination towards high-quality, artisanal beverages that offer a unique tasting experience. The allure of single malts lies in their complex flavor profiles, derived from using malted barley as the sole grain ingredient and being produced at a single distillery. As consumers become more knowledgeable and discerning about their whisky choices, the demand for single malts is expected to witness a significant upsurge, reflecting a shift towards premiumization in the market.

Single Malt Whiskey has carved a niche for itself in the Indian whiskies market, attracting a dedicated following among connoisseurs and casual drinkers alike. Known for its rich and complex flavor profiles, Single Malt Whiskey is