Middle-class's salary is the biggest scam in the country, but no one is talking about it; uproar ensued as soon as the post went viral

Indian Middle Class Salary Crisis: The middle class of the society, that is, the community burdened by EMIs and inflation. They are very happy on the day they get their salary, but as soon as they get their salary, their happiness ends because there are so many expenses that they cannot be met by the salary. Then begins the threat of credit cards and loans. When the budget is presented, their eyes are fixed on how much tax exemption they will get. Actually, the middle class struggles the most in this country, but they get the least relief. A social media post on this misery of the middle class is becoming increasingly viral, in which it is said that the salary of the middle class is a big scam, but no one talks about it.

Indian Middle-Class Salary Crisis: A common middle-class family is crushed between the salary of the middle class, its expenses and all this. The problems of the middle class are different and they keep getting stuck in them. They struggle throughout their life and achieve nothing. Talking about the struggles of the middle class, the social media post of a CEO of Bangalore has started a new debate. Peopleco's co-founder and CEO Ashish Singhal has written on LinkedIn that the salary of the middle class is a big scam, which no one is talking about. He writes that the middle class is silently facing the economic crisis and is not even complaining.

 

Ashish Singhal understood the pain of the middle class.

Understanding the situation of the middle class of the country, Ashish Singhal has written in the post that the middle class is trapped in the trap of rising expenses and stagnant salaries. He is silently facing the economic crisis. He neither gets any relief package nor does anyone sympathize with him. The middle class is a victim of a very big scam, but no one is talking about this scam happening with him. The salary of the middle class is a very big problem, for which no one is finding a solution. Amidst these crises, another big crisis has come on the middle class in the form of AI, which is silently putting jobs at risk.

The expenses of the middle class are constantly increasing.

Talking about the problems the middle class may have to face in the future, Ashish Singhal writes that in the last 10 years, the purchasing power of the middle class has decreased significantly, it has almost halved. At the same time, there has been an increase in expenses, which are increasing due to loan money. This situation is very worrying. The income of the middle class living on an income of 5 lakhs to 1 crore has increased by only 0.4% in the last 10 years and food items have become 80% more expensive. This seems to be a planned decline. The middle class is paying EMIs, buying phones, and struggling. It is silently facing shocks. No one talks about it, how the middle class faces these shocks. Silence on its problems is beyond understanding.

Nobody cares about the middle class.

No one cares about the middle class. The rich are getting richer and the poor have so many government schemes that inflation and salary issues do not affect them much. But the middle class with white collar jobs is worried. They are burdened by inflation and EMIs and are surrounded by their problems, but there is no talk about their salary and no thought is given to giving them relief from the burden of these EMIs. Economist Harishwar Dayal says that if the middle class takes a loan, then there is nothing wrong in it, but taking credit card and personal loan is unsafe, in whose trap the middle class is trapped.

Flood of reactions on Ashish Singhal's post

Ashish Singhal's concern over the condition of the middle class has led to a flood of reactions. Many people seem to agree with him, while some are saying that the middle class has created this situation on its own. It does not resist. Some people have jokingly asked Ashish Singhal that you are also a CEO, how much increase have you made in the salary of your employees.