{"product_id":"breakpoint-the-crisis-of-the-middle-class-and-the-future-of-work","title":"BREAKPOINT : The Crisis of the Middle Class and the Future of Work","description":"\u003cp\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Saurabh Mukherjea\u003c\/p\u003e\u003cp\u003e\u003cb\u003eBrand:\u003c\/b\u003e Juggernaut\u003c\/p\u003e\u003cp\u003e\u003cb\u003eBinding:\u003c\/b\u003e hardcover\u003c\/p\u003e\u003cp\u003e\u003cb\u003eNumber Of Pages:\u003c\/b\u003e 280\u003c\/p\u003e\u003cp\u003e\u003cb\u003eRelease Date:\u003c\/b\u003e 23-03-2026\u003c\/p\u003e\u003cp\u003e\u003cb\u003eDetails:\u003c\/b\u003e India’s middle class – 40 million income-tax filers earning between `5,00,000 and `1,00,00,000 annually – has reached a critical inflection point. The consumption-driven growth model that powered India’s post-1991 economic rise is collapsing under the weight of three simultaneous shocks: technological disruption eliminating white-collar employment faster than new jobs emerge, wage stagnation eroding purchasing power as inflation for several essential products and services ramps at double digits, and explosive household debt levels now exceeding those of the US and China.\u003cbr\u003e\nGraduate unemployment stands at 29 per cent – nine times higher than for illiterates. India’s IT sector is shedding hundreds of thousands of jobs as AI reshapes work. Real wages have flatlined while nine million Indians have lost over $35 billion in speculative trading. FMCG volume growth has collapsed from 10 per cent to 3 per cent. With consumption accounting for 60 per cent of GDP, India’s growth story is at risk.\u003cbr\u003e\nDrawing on extensive data, this book from the acclaimed author of Coffee Can Investing reveals how India reached this breaking point – and charts the path forward. Amidst the crisis lies an entrepreneurial revolution, aided by policy changes and changing social attitudes, that could reshape the Indian economy. The middle-class mutiny has begun. Will it end in collapse or transformation?\u003c\/p\u003e\u003cp\u003e\u003cb\u003eEAN:\u003c\/b\u003e 9789353452254\u003c\/p\u003e\u003cp\u003e\u003cb\u003ePackage Dimensions:\u003c\/b\u003e 8.7 x 5.5 x 0.8 inches\u003c\/p\u003e\u003cp\u003e\u003cb\u003eLanguages:\u003c\/b\u003e English\u003c\/p\u003e","brand":"Juggernaut","offers":[{"title":"Default Title","offer_id":51287262363952,"sku":"PrakashBooks_9789353452254","price":600.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0690\/9968\/4144\/files\/81r0swu7eVL.jpg?v=1775237550","url":"https:\/\/www.retailmaharaj.com\/products\/breakpoint-the-crisis-of-the-middle-class-and-the-future-of-work","provider":"Retail Maharaj","version":"1.0","type":"link"}