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ADB reports 6.1 million middle class people in Nepal

ADB reports 6.1 million middle class people in Nepal

For the first time, the size of Nepal’s middle class has been quantified, though experts don’t know what to make of it. Asian Development Bank (ADB)’s new report, ‘The Rise of Asia’s Middle Class’, says Nepal has a 23 percent population (6.1 million) that is middle class. The affluent class (with daily earnings of over US $20) is only 0.38…
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