There is a rapid increase in the affluent class in India. As the Indian economy is progressing, the prosperity of Indians is also increasing. Global banking group Goldman Sachs believes that India's rich class is going to grow rapidly in the coming years and the number of people earning well is going to increase tremendously.
Goldman Sachs A report was released in this regard on Friday. He said that in the next three years the number of prosperous people in India will increase to 100 million i.e. 10 crores. While preparing the report, Goldman Sachs has included those people whose annual earning will be more than 10 thousand dollars in the category of Affluent Indians. In Indian currency this amount becomes approximately Rs 8 lakh 30 thousand.
6 crore Indians became rich
Goldman Sachs has told in the report that during the last few years 8.30 lakh The number of Indians earning more than Rs. per year has increased rapidly. According to the report, in 2015 there were 2.4 crore people in India who were earning more than Rs 8.30 lakh annually. The number of people in this category has now increased to 6 crores. This means that the number of people earning more than Rs 8.30 lakh annually has increased two and a half times in the last 8 years.
Prosperity will increase demand for premium goods
However, India's Compared to the vast population, the total number of people earning more than 10 thousand dollars is still very small. This comes to just 4.1 percent of the population. Projections in the report suggest that the percentage may improve in the coming years. Goldman Sachs says that as the population of rich people increases in India, the demand for premium goods will also increase in the country.
Prosperity of Indians increased due to these reasons
Goldman Sachs report ‘Affluent India’ According to, India has got help from many factors during the last few years. According to the global banking firm, the country's rapid economic growth in the last decade, stable monetary policy and high credit growth have increased the prosperity of Indians. India's per capita income is currently around $ 2,100 i.e. Rs 1.74 lakh. It is annual.
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