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💸 The EMI Epidemic- The silent trap that’s swallowing an entire generation- one “milestone” at a time. Most Indian graduates start their careers earning < ₹50K/month at 22 or 23. By the time they’re 27 or 28, many manage to reach ₹1-2L/month. Sou

I remember Kunal Shah spoke about how India is largely a status driven society rather than wealth driven, where social validation > almost everything. And the effect of this is many people ultimately become risk averse and do not pursue entrepreneurs