New Delhi, June 22 (IANS) Prime Minister Narendra Modi said on Monday that the world considers India a reliable power. Addressing a media event here, PM Modi said: “Bharat is a fast-growing economy, a credible economy, and along with being among the rising powers, Bharat is also a reliable power.”“We are the nation whose consciousness carries the memory of an era. We are a nation with an era’s memory chip embedded within us. India today is writing the future of the next 1,000 years. And th…
Latest Middle Class News & Updates
New Delhi, June 10 (IANS) Prime Minister Narendra Modi on Wednesday addressed NDA leaders at a conclave marking the completion of 12 years of his government, delivering a speech that blended reflection on past achievements with a call to action for the future.Addressing Chief Ministers, alliance partners and senior leaders, PM Modi emphasised the need to safeguard the gains made by millions who have risen from poverty to join the neo-middle class, urging continuous efforts to prevent any reversa…
New Delhi, June 3 (IANS) Over the past 12 years, the Government has steadily empowered India’s middle class through wide-ranging reforms. A sharp reduction in taxation, improved banking access, wider insurance coverage, and expanded pensions have reduced financial stress. Subsidised loan rates and digital reforms have also made savings, borrowing, and financial planning more accessible and convenient. The government’s tax reforms have significantly eased the financial burden on the middle cl…
New Delhi, June 1 (IANS) As Karachi’s summer heat tightens its grip every June, Hina’s living room turns into a monthly budgeting war room. The old pedestal fan circulates hot air while her son wipes sweat from his forehead doing homework on the sofa, a report has said.On the table lies an electricity bill folded several times over, while her husband silently scrolls through air-conditioner prices on shopping apps, comparing installment options they still are not sure they can afford, accord…
Kathmandu, May 29 (IANS) Nepal’s Finance Minister, Swarnim Wagle, on Friday announced major tax relief measures targeting the middle class, mirroring steps taken by the Indian government in February 2025. Presenting a budget of NPR 2.124 trillion for the fiscal year 2026-27 at a joint session of Parliament, Minister Wagle said the government has raised the income tax exemption threshold for individuals to NPR 1 million. Currently, individuals earning more than NPR 500,000 annually are required t…
New Delhi, May 17 (IANS) Pakistan’s upcoming federal budget is likely to reflect an economy constrained by prolonged stabilisation policies, weak revenue generation and growing dependence on externally driven reforms, according to a recent economic analysis that warns the country risks slipping into a low-growth equilibrium without major structural recalibration.According to the analysis by Sakib Berjees, the country’s economic model has become heavily centred on stabilisation measures, with…
Thiruvananthapuram, May 15 (IANS) Senior CPI(M) leader and former Kerala Chief Minister Pinarayi Vijayan on Friday launched a sharp attack on the Centre over the latest increase in fuel prices, describing the move as a cruel betrayal of the people at a time when inflation and rising living costs are already pushing ordinary families into severe financial distress.In a strongly worded statement, Vijayan accused the Union government of imposing an additional burden on common citizens instead of of…
Gandhinagar, April 1 (IANS) The Gujarat government has removed the mandatory 30-day notice period for specific land and property transactions. Same-day certification will now be provided in undisputed cases, while timelines for transactions requiring review have been shortened. The changes aim to reduce delays and prevent fraudulent objections.State spokesperson Jitu Vaghani stated that these changes were made by amending Section 135-D of the Land Revenue Act, 1879, to simplify revenue procedure…
Bhubaneswar, Feb 1 (IANS) Odisha Pradesh Congress Committee (OPCC) President Bhakta Charan Das on Sunday strongly criticised the Union Budget for the 2026–27 financial year, presented in Parliament, describing it as ‘anti-people’ and ‘directionless’. Speaking to media persons, Das also alleged that the Union Budget tabled in Parliament by Finance Minister Nirmala Sitharaman primarily benefits a “handful of industrialists” while neglecting the needs of farmers, women, youth, the poo…
New Delhi, Feb 1 (IANS) Leader of Opposition in the Lok Sabha, Rahul Gandhi, on Sunday criticised the Union Budget 2026-27, accusing the government of being disconnected from the country’s pressing economic and social challenges.In the response to the Budget, Gandhi said it had failed to address key issues confronting the nation, including unemployment, slowing manufacturing growth, capital outflows, declining household savings, and agrarian distress.”Youth without jobs. Falling manufacturing….