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Why You’ll Probably Always Stay Poor (Unless Something Radical Changes)

4 min read2 days ago

Let’s be honest — no one grows up dreaming of staying broke. Yet, here we are, a country of 1.4 billion, chasing GDP growth charts while barely making rent.

India is “shining” on paper — stock markets are booming, unicorns are multiplying, and every other politician throws around the word vikas like confetti. But for the average Indian, especially the one earning less than ₹15,000 a month, life doesn’t seem to be getting any easier.

So, what’s going wrong? Why does it feel like we’re always running but never really getting anywhere financially?

Let’s break it down.

1. We’re Growing, But Wages Aren’t

India’s GDP has been flexing — a respectable 7.8% growth rate in recent years. But here’s the catch: this hasn’t trickled down into people’s salaries.

In rural India, for example, real wage growth is actually negative. Yep. Wages grew nominally by 5.2%, but thanks to inflation, actual purchasing power dropped by 0.4%. It’s like getting a promotion that doesn’t even cover your extra commute.

And it’s not just rural folks — even in urban areas, salary hikes are failing to keep up with the price of living. All this while corporates report record profits and luxury car sales hit new highs. The economy is booming — just not for you.

2. The Rich Are Getting Richer (And You’re Not)

Gaurav Chindaliya
Gaurav Chindaliya

Written by Gaurav Chindaliya

I am a Chartered Accountant starting my own service business. This blog documents all the things I have learned and will learn about bootstrapping a start up!

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