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Bengaluru CEO sparks debate on middle-class financial struggles amid slow wage growth and rising costs.
A Bengaluru CEO, Ashish Singhal, ignited a debate on social media about the financial struggles of India's middle class.
He highlighted that despite rising living costs, middle-class incomes have barely kept pace, with those earning between ₹5 lakh to ₹1 crore seeing only a 0.4% annual wage growth.
Singhal noted that many are maintaining their lifestyles through increased credit usage, sparking discussions on the impact of inflation and the need for policy changes.
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El CEO de Bengaluru despierta un debate sobre las luchas financieras de la clase media en medio del lento crecimiento salarial y el aumento de los costos.