Covid-19 batters India's aspiring middle class

More affluent people under siege from second wave that threatens the country’s economic recovery

Crippling shortages of oxygen have contributed to countless deaths. PHOTO: NYTIMES

(FINANCIAL TIMES) - When Mr Ram Prakash died after a feverish and breathless week, his wife and 16-year-old daughter's heartbreak was compounded by fear that the modest middle-class safety net he had knitted together might be ripped apart.

The 53-year-old, a tax adviser to local businesses, was one of the millions who had joined India's fast-growing middle class in recent decades. Their rising incomes, better education and higher consumption powered one of the great global economic success stories.

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