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Indian economy is likely to grow at 7.5% in 2024. Do you think it will really help the people living below the poverty line to transition to the middle class, or will this growing economy only benefit the rich? What is your opinion?

Anonymous

Anonymous 2

Hey I am on Medial • 1y

My whole ambition in life is and will be to impact in the lowest levels of the Indian Strata. Thats the goal, as you see the phrase “rich getting richer, poor getting poorer” is most popular in underdeveloped countries, as thats the truth. Per Capita income is 2000$, I believe 70% of urban cities have less than that. Acc. To the Indus Valley report by blume in 2024 there are about 30mn households in India with earnings above 12lpa. About 120mn people. Thats the most peculiar thing about our country, out of these only 30% pay tax , less than 10mn people give substantial tax compared to the top three. It’s completely messed up, funny and absolutely thrilling that ive got this mario life and i need to duck and dive, ultimately survive.

0 replies2 likes

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