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Finance Minister Nirmala Sitharaman on Friday described the middle class as the growth engine of India and said nearly 500 cities are poised to emerge as the country’s next centres of economic ...

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The Finance Minister says the middle class now represents around 31% of India's population and has continued to grow steadily since the country's economic liberalisation.

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India's middle class is poised to fuel significant economic expansion, with 93% of all spending expected to originate from ...

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Union Finance Minister Nirmala Sitharaman, speaking in France, called India's growing middle class the 'engine of growth'.