Pandemic pushes 32 million Indians out of middle class, says Pew Research

The number has been pushed down to a third from a pre-pandemic estimate of 99 million, shrinking to 66 million.

Citing the World Bank's forecast of economic growth, the Pew Research Centre said that India is estimated to have seen a greater decrease in the middle class and a much sharper rise in poverty as compared to China in the COVID-19 scenario.