Is the Indian Middle Class Shrinking?

 Is the Indian Middle Class Shrinking? https://www.youtube.com/watch?v=HvNVvMr89Ck | Cracknomics Ep 17, The Wire  the purchasing power of the middle class has shrunk and so has its size. The rate of consumption has come down to 3.5%, then how is the economy growing at 7%? Be it the consumption data, the household savings data or the income tax data, everything points to a simple fact: the size of the middle class has reduced. Along with it, its voice has also cowered in the political sphere in the country.