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Book Summary
About the Book: Breakpoint: The Crisis of the Middle Class and Future of Work
Indias middle class 40 million income-tax filers earning between `5, 00, 000
and `1, 00, 00, 000 annually has reached a critical inflection point. The
consumption-driven growth model that powered Indias post-1991 economic rise is
collapsing under the weight of three simultaneous shocks: technological
disruption eliminating white-collar employment faster than new jobs emerge, wage
stagnation eroding purchasing power as inflation for several essential products
and services ramps at double digits, and explosive household debt levels now
exceeding those of the US and China.
Graduate unemployment stands at 29 per cent nine
- ISBN-13
- 9789353452254
- Language
- English
- Binding
- Hard Bound
- Publisher
- Juggernaut
- Publishing Date
- 2026-01
- Product Edition
- 1
Breakpoint : The Crisis Of The Middle & The Future Of Work
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Product Specifications
Book Summary
About the Book: Breakpoint: The Crisis of the Middle Class and Future of Work
Indias middle class 40 million income-tax filers earning between `5, 00, 000
and `1, 00, 00, 000 annually has reached a critical inflection point. The
consumption-driven growth model that powered Indias post-1991 economic rise is
collapsing under the weight of three simultaneous shocks: technological
disruption eliminating white-collar employment faster than new jobs emerge, wage
stagnation eroding purchasing power as inflation for several essential products
and services ramps at double digits, and explosive household debt levels now
exceeding those of the US and China.
Graduate unemployment stands at 29 per cent nine
Book Specifications
- ISBN-13
- 9789353452254
- Language
- English
- Binding
- Hard Bound
- Publisher
- Juggernaut
- Publishing Date
- 2026-01
- Product Edition
- 1