Upper Middle Class Income In Tamil Nadu
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The 2018 piece from pew reported that in 2016 the median income for the upper income class was 187 872.
Upper middle class income in tamil nadu. Minimum salary of 12 lacs ctc before taxes. Schools in tamil nadu tamil nadu higher secondary schools higher secondary schools higher secondary schools in india higher secondary schools in tamil nadu. Depending on the measures used the estimated size of this middle class ranges between 78 million economist jan 2018 to 604 million krishnan. 1 the per capita income of tamil nadu s residents will reach us 10 0001 per annum at 2010 prices the present median income of upper middle income countries by 2023 2 tamil nadu will attain a high standard of social development with the human development index of the state matching those.
Needless to say only deep pocketed upper upper middle class can afford such private tutelage. Beyond tamil nadu and india c gidd is the world s most detailed economic and demographic database for gdp and income distribution data. Salary of every person depends on its job like some people have high class jobs and some have middle class job and some have low class job. They have an in hand income of roughly 75000 a month.
They manage to save for a decent retirement and kids wedding. While for the middle class it was 78 442 and for the lower class it was 25 624 in. The dataset covers 213 countries 697 subdivisions states provinces etc and 997 major cities cities with more than 500 000 inhabitants from 2004 till 2029. A family of 4 which can buy and maintain a car in the c2 segment such as honda city.
The governor of tamil nadu approved a bill introduced in the state assembly last week effectively reserving 7 5 seats in medical institutions for government school students. Now many low income families say they will only vote for aiadmk but the middle and upper classes feel let down by politicians and say only community. Since everyone above bpl and below rich automatically belongs to middle income group. All the businessman and great actors comes in the category of rich class where as all employees comes under.
Well who constitutes the category of middle class.
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