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Urban Slowdown & Middle-Class Woes : Economic Insights

Syllabus: GS-3: Growth & Development Why in the news? Urban India’s consumption patterns are under scrutiny due to high inflation, shrinking middle-class spending power, and weak performance by FMCG and auto sectors, revealing broader economic challenges. These trends highlight concerns over stagnating growth and disparities in the recovery trajectory across consumer segments. Historical Reflection: Tughlaq …

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