South Asia 100 crore Indians have no extra money to spend: Report

[Bilal9]

Hate/ extremism eventually undermines the society in which it is born. It has happened in many countries and nations just in the last century. And it ended up unraveling those nations.

Its generally the first sign of trouble.

My words exactly. Before Mughals and their Muslim precursor rulers started ruling and unifying India as a subcontinent, it was highly fractured and wracked by territorial division, forming small fiefdoms and no cohesive or unified front to resist anyone or any foreign power.

This is the natural form of the collection of myriad small princely states we call India today.

If left mismanaged - it will find its way back to that exact state of affairs.

The fact that the RSS and BJP found Hindutva to be a unifying force for Hindus (by using Muslims as an artificial 'common enemy') is an aberration. Once that hype and propaganda disappears and Indians wise up, then it will be interesting to see what happens.

I find Mr. Kamra to be rather refreshing in this respect. Though I am unable to understand everything. I realize he made some comments about Bangladeshis. If someone provides a two sentence TLDR, that'd be great.

 

[Sharma Ji]

"diversity is our strength"

do you gentlemen agree with that statement @Bilal9 @Lulldapull @Krishna with Flute @Guru Dutt @Baali Jutt ?

 

[Bilal9]

Depends on what the context is...

 

[Lulldapull]

"diversity is our strength"

do you gentlemen agree with that statement @Bilal9 @Lulldapull @Krishna with Flute @Guru Dutt @Baali Jutt ?

No way bhai......UP ka bhayya don't talk to even Bihari babbu. East Punjabi don't like UP k bhayye.......Hurryaanrrvi don't like Punjabi. Gujju don't let others enter their state. Rajasthani a separate qaum like our Sindhi's.......Dis just North west areas I know and have spoken to these communities here n there. Then you got Kashmiri's who don't like anybody basically bhai......totally separate identity.

Its just as bad on our side Sharma.......no shiit......

Sub continent is a cursed place bhai, in case you were wondering.

And da worst bit is these kaalay angrez imposed upon us.....saalay harami just wanna ape the tommy pommy in third class accented colonial English like Shashi tharoor sahb.....

Aik dum lund scene bhai.......

Its pathetic our region.

P.S. Iran ko chahiye idher dobara aaey aur in sub ullu k putthon ko jootay maar ker insaan banaey, so they all stop hating each other as a first step. Aaadhay to qabaeli hain, like totally tribal dalit mofo's uncivilized totally.

 

[Lulldapull]

extreme corruption exposed in India. My favorite at 12:32 mark when the guy pisses in the salan:



Now why would you pee in the salan?

 

[Krishna with Flute]

"diversity is our strength"

do you gentlemen agree with that statement @Bilal9 @Lulldapull @Krishna with Flute @Guru Dutt @Baali Jutt ?

If diversity is simply a manifestation of Indianness in its different from. Not otherwise.

 

[Bilal9]

"diversity is our strength"

do you gentlemen agree with that statement @Bilal9 @Lulldapull @Krishna with Flute @Guru Dutt @Baali Jutt ?

@Sharma Ji sorry to reply way late, but I did not see this earlier. Too many things going on.

Diversity is a recipe for problems, generally. Too many fault lines. North/South, Kaley/Gora, Brahmin/Dalit, Machhli-eater Bangalis and then Veggie Gujaratis and Jains.

Homogeneity - and also, benevolent one party dictatorship, is a source for strength.

China has 80% Han Chinese. And the rest of the minorities learn fluent Mandarin.

In Bangladesh 85% people are Bengali speaking Sunni (Sufi) Muslims. Mostly peaceful and not really radical, though @Krishna with Flute dada would disagree.

These countries have inbuilt homogeneity which is a strength.

 

[Krishna with Flute]

100 crore Indians have no extra money to spend: Report

India, with its massive population of over 1.4 billion (143 crore), has a much smaller group of people who actively spend on non-essential goods and services, according to a report by Blume Ventures. The venture capital firm's report said that only about 130-140 million (13-14 crore) Indians form the country's "consuming class," meaning they have enough disposable income to buy beyond basic needs.


The report mentions that the nation's GDP is "heavily dependent on consumer spending". The "consuming class" comprised roughly 140 million people and "effectively constitutes the market for most startups". Another 300 million (30 crore) people are classified as "emerging" or "aspirant" consumers. They have started spending more, thanks to the convenience of digital payments, but still remain cautious buyers. They are "heavy consumers and reluctant payers", the report mentioned.

"OTT/media, gaming, edtech, and lending are relevant markets for them (aspirant consumers). UPI and AutoPay have unlocked small ticket spends and transactions from this group," the report mentions.

The larger part of India's population, roughly 1 billion (100 crore), however, do not have the kind of incomes to be able to spend anything on discretionary goods. "They are beyond the pale, as of now, for startups," the report mentions.
The report highlights that India's consumer market is not expanding widely but rather deepening. This means that while the number of wealthy people isn't growing significantly, those who are already rich are getting richer.

This shift is influencing business trends, particularly the rise of "premiumisation"âa strategy where companies focus on selling higher-end, more expensive products to wealthier consumers rather than mass-market goods. This trend is evident in the booming sales of luxury homes and premium smartphones, even as budget-friendly options struggle. For instance, affordable housing made up 40 per cent of the market five years ago but has now dropped to just 18 per cent.

The findings support the idea that India's economic recovery after the pandemic has been "K-shaped"âwhere the rich continue to prosper while the poor struggle with declining purchasing power.

According to data, the top 10 per cent of Indians now hold 57.7 per cent of national income, up from 34 per cent in 1990, while the bottom half has seen its share drop from 22.2 per cent to 15 per cent.

The current consumption slowdown is further worsened by declining financial savings and rising debt among the majority of Indians. The Reserve Bank of India (RBI) has also tightened rules on unsecured lending, which had previously fuelled consumer spending after the Covid pandemic. Since many in the "emerging" consumer group relied on borrowing to spend, this change is expected to affect overall consumption levels.

However, long-term challenges remain. The middle class, traditionally a key driver of consumer demand, is shrinking.

A report by Marcellus Investment Managers states that the middle 50% of India's tax-paying population has seen little to no wage growth in the past decade. When adjusted for inflation, this effectively means their incomes have halved.

"The middle 50 per cent of India's tax-paying population has seen its income stagnate in absolute terms over the past decade. This implies a halving of income in real (i.e, inflation-adjusted) terms. This financial hammering has decimated the middle class's savings â the RBI has repeatedly highlighted that net financial savings of Indian households are approaching a 50-year low. This pounding suggests that products and services associated with middle class household spending are likely to face a rough time in the years ahead," the report mentions.

The Marcellus report also warns that white-collar jobs are becoming scarcer due to automation. AI-driven systems are replacing clerical and secretarial roles, and even supervisory jobs in manufacturing are declining.

The Economic Survey 2025 also echoed the warning about AI's impact. The survey warned that while AI boosts productivity, it could disrupt India's labour-intensive economy. A rushed transition may spur demands for policy intervention, including taxation on AI-driven profits, which the IMF cautions could hurt growth.

The report called for a balanced approach, urging collaboration between the government, the private sector, and academia to ensure inclusive gains. It also stressed that while AI's impact on jobs remains uncertain, complacency could prove costly for India.

India is growing at over 7% with 100 crore people having no extra money to buy. What will happen when those 100 crore people will have extra money to spend?

 

[Krishna with Flute]

Like I've been saying all along, India is bound to break apart sooner or later.

This is the dream of Pakistanis as well for years. One Pakistani anchor was saying that he had been listening this since his Childhood. In between Pakistan broke vertically. It seem that now BD is also sharing this this dream. Our neighbors who on the verge of being broken down are dreaming breakup of India. Our plan is to make a greater India with POK, Baluchistan, Northen part of BD. We want Nepal and Bhutan to join Indian union if they want to do that voluntarily.

 

[Krishna with Flute]

No, there is a massive hand-me-down economy going. At least big cities etc, we have a big "aap le jao if you have use for it"

AC/microwave/stoves/TV/speakers .. all given away to domestic help, good working condition proper ones.

Impossible to say how big the urban middil class really is but its big.

Bhai, food delivery guys with iPhones (even if not the latest greatest ones)

India is a consumption monster, rich buying fancy cars to now even urban poor with most of the trappings of modern life.. sabke ghar me TV, smartphone, ACs also but they cost electricity so not used much. lol

See @Sharma Ji , the definition of truth and reality of BD is something which says anything bad about India. No matter whether you quote WB report, IMF report or damn anything. If they are able to find any youtube video saying that India is not progressing but regressing and India will break up, that will give our friends like @Bilal9 and @Saif lots of excitement.

 

[Bilal9]

See @Sharma Ji , the definition of truth and reality of BD is something which says anything bad about India. No matter whether you quote WB report, IMF report or damn anything. If they are able to find any youtube video saying that India is not progressing but regressing and India will break up, that will give our friends like @Bilal9 and @Saif lots of excitement.

Wrong !!

India regressing or breaking up is a problem - because instability next door is a bad thing for us economically.

Stability is always a good thing for development.

It is not us who wish the worst for India.

But there is a large section of Indian population who have terminal hatred for Bangladesh.

This is all Thanks to Chaiwala.