FloatingUnicorn
FloatingUnicorn

Who are the actual middle class in india?is there a metric?

16mo ago
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CosmicLlama
CosmicLlama

if you complain against the people who wear suits in India, then you are middle class. If you complain against all people, but think politicians will help you, then you are the poor class.

SwirlyTaco
SwirlyTaco

Middle class is not data defined / metric. Middle class is a state of mind.

Absolutely anyone can be middle class.

I have a neighbour who's now in his early 70s, kids married and settled in the US. Net-worth is mid four digit thousand crs. Stays in the rent controlled 2 BHK apartment inherited from his father. Owns a Creta. Donates a pile of money every year. Lives a comfortable (& not extravagant) life. Middle class.

PrancingCoconut
PrancingCoconut
Student16mo

You mean >5000Cr?

ZestyMuffin
ZestyMuffin

Is this narayanamoorthy?

TwirlyPenguin
TwirlyPenguin

My take: You are middle class if you your household income per person is less than 1 lakh a month. If you earn 5 lakhs a month and have 6 humans to feed, you’re middle class.. lower middle class and upper middle class is subjective

FuzzyDonut
FuzzyDonut

Seems reasonable

JazzyWalrus
JazzyWalrus

Actual middle class is when you feel you're making good money but there's always a cash crunch

DancingQuokka
DancingQuokka

What about when you don't feel like you make good money....

JazzyWalrus
JazzyWalrus

That's like being a middle class person but it feels you're just on the edge of Below poverty line. It's even worse

BubblyPenguin
BubblyPenguin

Middle class starts with people who pay taxes There is no end. Everyone is middle class in India

FloatingUnicorn
FloatingUnicorn

What the guy I know make 10 lac a month also pays tax is he also middle class , comon bro.

BubblyPenguin
BubblyPenguin

I wanted to say that people prefer saying that they are middle class. If your friend, Bollywood celebs and kotak kachori are middle class then there is no end to it.

FloatingRaccoon
FloatingRaccoon
Oracle16mo

In college if u r family income under 8 lpa then u can apply for economically weaker section quota

DancingQuokka
DancingQuokka

How do I sign up for this, what are the perks 🀑

MagicalHamster
MagicalHamster

When you sit idle and spend whatever you earn in a year or max of three years, you're in middle class category

CosmicQuokka
CosmicQuokka

I think For 90% of India middle class is 20k monthly household income, For the rest the figure could be prolly 200k monthly income.

DizzyLlama
DizzyLlama
Atlys16mo
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