Indian economy shrank 7.3% in fiscal year 1920-21, its worst performance since independence in 1947. Nearly 230 million middle class Indians have slipped below the poverty line, constituting a 15 to 20% increase in poverty since Covid-19 struck last year, according to Pew Research. Middle class consumption has been a key driver of economic growth in India. Erosion of the middle class will likely…

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Few films about India offer the kind of incisive social commentary that the recently released "The White Tiger" does. Based on a novel of the same name by Aravind Adiga, it tells  the story of a poor but ambitious young man from a village in the Indian state of Uttar Pradesh. The film touches on religion, caste, class and democracy in India. It is directed by…

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Although the rate of growth has slowed since 2018, Pakistan's middle class consumer population still remains among the fastest growing in the world. In a report titled "Emerging Markets Transforming As Velocity Markets", Ogilvy and Mather, a global market communications firm, has put Pakistan among what it calls "Velocity 12" group of economies that include Bangladesh, Brazil, China, Egypt, India, Indonesia, Mexico,…

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Private vehicle ownership in Pakistan has risen sharply over the last 4 years. More than 9% of households now own cars, up from 6% in 2015. Motorcycle ownership has jumped from 41% of households in 2015 to 53% now, according to data released by Federal Bureau of Statistics (FBS) recently. There are …

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Over the last two decades, Pakistan has continued to offer much greater upward economic and social mobility to its citizens than… Continue

A pre-requisite for a responsive and accountable democracy is a substantial middle class population.



An Asian Development Bank report on Asia's rising middle class released today confirms that Pakistan's middle class now is 40% of the population, significantly larger than the Indian middle class of about 25% of its population.



The other significant news reported by… Continue

The province of Sindh in southern Pakistan is a rural region of dusty mudbrick villages, of white-domed blue-tiled Sufi shrines, and of salty desert scrublands broken, quite suddenly, by floodplains of wonderful fecundity. These thin, fertile belts of green—cotton fields, rice paddies, cane breaks, and miles of checkerboard mango orchards—snake along the banks of the Indus River as it meanders its sluggish, silted, café-au-lait way through the plains of Pakistan down to the shores of the… Continue