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He breaks it down ruthlessly: a ₹50K monthly salary eaten up by ₹20K rent, ₹10K EMIs, ₹5K in weekend splurges—and barely ₹1K ...
Rich India, Poor Indians? ... India’s GDP per capita stands at roughly $2880, but this is a mean average. If you remove the top 1% of earners from the calculation, ...
Union Minister Nitin Gadkari has raised the alarm over growing economic inequality in India, warning that wealth is ...
But a first-time visitor to India will notice at once that many people there are painfully poor, and that the suggestion that they number scarcely 1 in 10 of the population — or lower — is absurd.
As rich are growing richer, poor are becoming poorer. Be it even slight inflation, Covid-lockdown, floods, chaos/conflict/tension or any such factor, the poor are the worst hit.
In a scathing LinkedIn post, founder of Tunerlabs, Shyam Achutan, painted a grim picture for the Indian middle class in the ...
India is poised to become the world’s third largest economy. Yet, behind the headlines about rising GDP lies a sobering truth ...
Ten years later, as Modi contests for a rare third term, the gap between rich and poor in India – already significant in 2014 – has widened into a canyon, economic researchers warn.
Between the rich and the poor, the middle is stuck. By Monika Halan . Jan 10, 2025 10:20 PM IST . ... The good news is that while middle and rich India have begun to vote more than the poor ...
Should India take from the rich, give the poor? A new election flashpoint. As India enters the second half of its giant election, wealth distribution has emerged as a central campaign faultline ...
The gap between India’s rich and poor is startling. Consider the US$120 million prewedding celebrations for tycoon Mukesh Ambani’s son: The lad wore a US$1 million watch, a superstar received US$6 ...
Out of every 100 rupees that India collects in taxes, 64 rupees come from the poor and middle class through indirect (GST) and income taxes, while only 36 rupees come from rich corporates ...