Will the middle go away from the middle classes?Irrespective of whether it is the Congress Government or the BJP Government, the squeeze of the Indian middle class is complete. Incorrigible businessmen cheat banks to the tune of thousands of crores, and vanish abroad.
But the middle class is left hue and dry. Every single damn service has GST and the Government claims that prices will come down. Nothing of that has happened. Inflation is as usual very high. All branded items have gone up. Take services. One wonders why we should pay GST on rural life insurance policies, for example.
This is ridiculous. The Government squeezes the middle classes. Only now the RBI has woken up. The deposit rates have been revised a bit upwards a short while ago.
Will the middle go? We, the middle classes are neither here nor there. In the years to come, we need to compulsorily give up on all wants. Even eating a one hundred rupees ice cream is going to be a luxury. Members may share their opinions.