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Income and wealth distribution in India. If you think you're middle class or it takes a tremendous amount of wealth to become the top 1% of India by income, chances are, you're wrong by a huge margin. This is because of the lack of information about the wealth distribution in India.
To understand whether India is a rich country or poor, we need to consider the average family income, what exactly are middle class and many such things. That's why, in this FutureIQ episode, we decided to break down the actual data for you and help you understand the reality of the unequal wealth distribution in India.
Hope you enjoyed FutureIQ by Navin Kabra and Shrikant Joshi. Do hit us up on Twitter:
@ngkabra / ngkabra
@shrikant / shrikant
Listen it on the podcast provider of your choice: tapthe.link/FutureIQRSS
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Chapters:
00:00 Introduction
00:55 The background
02:43 Facts
03:23 The average
06:10 The real India
07:15 The current state
09:04 Big cities
10:10 More facts
11:10 Loans
14:30 Middle class
16:00 Poverty
18:28 Objections
20:12 The poverty line
21:08 Key takeaways
#futureIQ #realitycheck