The Economic Times

What does middle class really mean in India? Even Rs 2.5 lakh monthly earners say they are not rich. 3 factors can explain why

What does it actually take to be considered rich in India? A monthly income of Rs 2.5 lakh may sound high, but for many people it still does not feel like enough to move beyond the middle class. The answer can change sharply depending on location, family responsibilities, accumulated wealth and the lifestyle a person wants to maintain.