Page 22 - NIS English 16-31,March 2023
P. 22

Cover Story   Middle Class





          A day in the


          life of the


          middle class






          Due to the vision of Prime Minister Narendra
          Modi ease of living for the middle class has
          improved manifold- from waking up in the
          morning to having a peaceful sleep at night
          the impact of the various initiatives is quite
          visible. In order to have their own pucca
          house, the middle class has been given a
          subsidy on the interest of the loan to buy a
          house under the Pradhan Mantri Awas Yojana.
          Provisions were made under RERA to get the
          house from the builder on time and ensure
          that the investment is safe. While the growing
          metro network across the country saved time
          in reaching the office, digital India and digital
          payments made services accessible.










            Your dream home received   •   Eating out, now GST is only
           from the builder on time due   5%, earlier the tax was 20%.   Big  Jump In Network
           to RERA.
                                       •   Buying medicines from Jan     Readiness Index for
           Rs 2.3 lakh saved on housing   Aushadhi Kendras for parents,
           loan, got help from Credit Link   buying medicines up to 90%       Ease of Living
           Subsidy Scheme.               less than the market price.


           Reached metro by            •   Huge savings in electricity bills
           e-rickshaw, fare paid through   with Ujala LED lights.
           BHIM UPI, time saved.
                                          Saving lakhs of rupees due
           Metro services in cities      to a reduction in housing                  Year   Year
           increases 5 times as compared   loan interest rates.
           to 2014
                                          Enjoying yoga on new TV sets,   The Network Readiness Index measures the
                                         and boosting the employment   level of technology and digital inclusion. The
           Data cost reduced by 97%.
                                         perspective of women with      improvement of 22 places means- Ease of
                                         Mudra loan.                            living has improved.

        20  New India Samachar    March 16-31, 2023
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