Page 2 - Lower Middle Class News Today

Chrome DM Adopts ISEC Classification, Enhancing Socio-Economic Analysis

Indian Socio Economic Classification (ISEC) which has been rolled out is the first classification which has taken a woman into account. ISEC is the new socio economic classification which research companies, advertisers, and measurement bodies are adopting to target households. It has replaced the old tool called the New Consumer Classification System (NCCS) which was implemented in 2011.

In today's economy, making six figures is still considered doing quite well. However, new research from GOBankingRates shows that in some major U.S. cities, an annual income of $150,000 is only enough...

Congress MP Shashi Tharoor on Wednesday said the government is spending money at the top level by raising capex every year as it believes in "trickle down economics". Initiating the debate on the interim Budget 2024-25 in the Lok Sabha, Tharoor dubbed NDA as "no data available" to reveal the real situation of poverty and consumption in the country.

There are two parts to the implementation of the scheme. In one, the SPVs will reach out to consumers having up to 3kW of load and the 40% non-subsidised portion of the capital cost would be loaned by the SPV. The excess power units that will be generated through the rooftop solar project on such households, monitored through virtual net metering, will go towards paying off the loan by the SPV.

Plus, what is actually considered middle class?

The NITI Aayog and SBI reports cited by PM Narendra Modi paint a picture of ‘prospering India’, where while nearly 10% of the population has moved out of poverty, another set of population has moved from the lower-income group to upper-income group

JACKSON, Tenn. -- The 40th annual Circles of Hope Telethon is just a few weeks away. Organizers shared what to know and what to expect.

And everybody wonders, why does a consumer keep spending? because consumer spending hasd s sort of kept up. o the answer is were atdebt peo record levels ofpl credit card t debt. hithey people are borrowing to pay for the things they can ct forward so, again, when you talk about this economy is delivering fore the lower middle class, its not delivering. its requiring theering itsm tt their livelihoods on plastic in order to get by . weve got to flip that around. we had an economy prior to thes p...

Dublin, May 04, 2023 (GLOBE NEWSWIRE) -- The "South Africa's Black Middle-Class" report has been added to ResearchAndMarkets.com's offering.This report...