Middle Class Squeeze is big
https://www.localcircles.com/a/press/page/rbi-household-savings-survey
High prices of sabji, fruit aata, oil, soap, daal and no control on rents, school fees, other services and no relief on tax.
Of course people across India are dipping into savings to survive or selling assets.
And shameful newspapers like TOI ET HT have again tried to avoid this news. my son in Bangalore sent me the survey from Deccan Herald more