Page 16 - NIS English 16-31,March 2023
P. 16

Cover Story   Middle Class



        was no one to look after them, and whatever this
        class  has to do they  have to do it  on their  own.
        They used to expend their all energy.  The central         We are inspired by the
        government has recognized the  candour of the              Constitution and the
        middle class and has provided them with security.          tricolour of India – the poor
        Today the hardworking middle class is taking the           get justice, the people get
        country to new heights. There are many examples
        of how much the middle class has benefited from            the opportunity to move
        various schemes of the government. Before 2014,            forward, the lower-middle
        the cost of 1 GB of data was Rs 250, which is less         class, the middle class,
        than  Rs  10 today.  Today a  citizen  in the  country     and the upper-middle class
        uses an average of 20 GB. If it is calculated, then
        on average a person is saving 5,000 rupees. While          should not face any
        the middle-class family used to spend Rs 1,000 to          hindrances in moving
        Rs 3,000 on medicines every month for the elders           forward.  Let there be no
        of their  household,  the  medicines  which  were
        available  for Rs  100  in the  market  are  available     obstacles from the
        for Rs 10-20 at the Jan Aushadhi Kendras. Today,           government.
        20,000 crore rupees are saved by the middle class                        - Narendra Modi,
        through these Jan Aushadhi Kendras. To fulfill the
        dream of a home by middle class, a large number of                          Prime Minister
        home loans were started in urban areas. Due to the
        enactment of the RERA law, now a special section
        cannot  suppress the  hard-earned  money  of the     prices  of plane  tickets  under  the  UDAN scheme,
        middle class for years. RERA has worked to give new   be it  highways, or different  ways  of information,
        confidence to the middle class. Every middle-class   all  these  things  are  going to  increase  the  power
        family has a dream of giving higher education to     of the middle class. GST has reduced many daily
        their child for a secure future. Keeping this in mind,   expenses of consumers.
        medical,  engineering, and professional colleges
        and the number of seats in these institutions have   FULFILLMENT OF ASPIRATIONS
        been increased.  This effort  has given a  boost to   WITH HOLISTIC THINKING
        fulfill the aspirations of the middle class.         According  to  experts  associated  with  management
           Taxation  has  been reduced rapidly due to        and  the  economic  sector,  the  middle  class  can  be
        GST,  income tax  has also been reduced. Linking     divided into three categories. The aspirational middle
        cooperative banks with the Reserve Bank, in itself,   class, upper middle class, and middle class. .
        is  a  guarantee  of keeping the  money of middle-     Although  the aspirational middle class  is
        class  families  safe.  The  reforms  that  have  taken   economically weak and faces a lot of uncertainties
        place  in the  MSME sector  and the  agriculture     in daily life, it aspires to a better standard of living.
        sector are directly benefiting working middle-class   It is greatly influenced by TV, radio, newspapers as
        families. Due to these reforms, traders and small    well as social media and the consumption pattern
        entrepreneurs  are  getting  the  benefit  of  special   of the high-income group.
        funds worth  thousands of crores.  The  power          This  class  has  benefited  from  government
        and energy of the common  Indian are  powering       schemes in urban and rural areas. These schemes
        Aatmanirbhar  Bharat  Abhiyan. The  middle-class     include  Direct  Benefit  Transfer  (eg,  PM  Kisan
        today has the power to turnaround things. If any     Yojana),  financial  inclusion  (JAM  Trinity),  LPG
        one section  which  is  entitled  to  get  the  biggest   subsidy,  affordable  housing, construction of
        benefit from the social planning initiative for ease   toilets  on a  large  scale,  micro-health  insurance,
        of living, then it has to be middle-class families. Be   and micro-pension schemes.  This class  has also
        it cheap internet or cheap smartphones or the low    benefited  from  the  expansion  of  employment  in


        14  New India Samachar    March 16-31, 2023
   11   12   13   14   15   16   17   18   19   20   21