Break Point: The Crisis of The Middle Class and The Future of Work - Couverture rigide

Mukherjea, Saurabh; Rajhansa, Nandita; Bhavsar, Sapana

Couverture rigide

ISBN 10 : 9353452252 ISBN 13 : 9789353452254

Editeur : Juggernaut Publication, 2026

Synopsis

India’s 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 India’s 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 times higher than for illiterates. India’s IT sector is shedding hundreds of thousands of jobs as AI reshapes work. Real wages have flatlined while nine million Indians have lost over $35 billion in speculative trading. FMCG volume growth has collapsed from 10 per cent to 3 per cent. With consumption accounting for 60 per cent of GDP, India’s growth story is at risk.

Drawing on extensive data, this book from the acclaimed author of Coffee Can Investing reveals how India reached this breaking point – and charts the path forward. Amidst the crisis lies an entrepreneurial revolution, aided by policy changes and changing social attitudes, that could reshape the Indian economy. The middle-class mutiny has begun. Will it end in collapse or transformation?

A propos du livre

À propos de l'auteur

Saurabh Mukherjea is the founder of Marcellus Investment Managers. He has written six bestselling books.

Nandita Rajhansa is an economist and a small and midcap analyst at Marcellus Investment Managers, where she has been working for more than five years. She has co-authored a national bestseller, Behold the Leviathan (2024).

Sapana Bhavsar is a human resources leader and has been contributing to this field for last two decades. She is a gold medallist from Mumbai University, where she earned her Master’s in Labour Studies in 2006.

Détails de l'édition

• Éditeur: Juggernaut Publication
• Date d'édition: 2026
• Langue: anglais
• ISBN 10: 9353452252
• ISBN 13: 9789353452254
• Reliure: Relié
• Nombre de pages: 280
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible