Such economic measures are complex, and if you want to see a single number for a country, that number should be representative for everything and everyone
America was a British colony, too, once upon a time.
The can have a low rate on pretty much every statistic, while still having a higher total amount of it than us, simply due to.the sheer size of people. They could have an entire state, more modern, rich and with more people than Germany, while keeping their current statistics. No problem.
Also: Are you Indian (I think not), or what is your basis for the ”rootless“ statement. To us Germans, Americans appear rootless. But we are not competent to judge that!
Finally, things like this right here ARE how you get Indians out of poverty and illiteracy! Even if just via the resulting businesses lobbying for more education.
According to Wikipedia: "Indian middle class is 3% or 40 million of Indian population."
That's not a whole lot of people and definitely not comparable to North America or Europe.
Is there a consensus among economists on what the real number is ?
Quora answer quoting her work (layman’s terms): https://www.quora.com/How-big-is-Indias-real-middle-class-in...
Quora answer quoting her work (layman’s terms): https://www.quora.com/How-big-is-Indias-real-middle-class-in...
Quora answer quoting her work (layman’s terms): https://www.quora.com/How-big-is-Indias-real-middle-class-in...