Crazy Rich Indians

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  • Опубликовано: 3 мар 2024
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Комментарии • 3 тыс.

  • @mohak_mangal
    @mohak_mangal  2 месяца назад +305

    Join the Masterclass now using this link: bit.ly/personalfinancemasterclass2

  • @dhirajgawande007
    @dhirajgawande007 2 месяца назад +3839

    5th largest economy where 90% people earn less than 25k per month💀

    • @HimanshuKumar-jk5bl
      @HimanshuKumar-jk5bl 2 месяца назад +107

      You have to be really skillfull by taking a professional degree+experience....Example he doosri company me auditor ki demand hai aur ye demand humesha rhti hai.

    • @priyanshumandal9267
      @priyanshumandal9267 2 месяца назад +287

      5th largest economy but GDP per capita wise one of the worst country even worser than Bangladesh
      Thanx to our humongous population that adds up and creates a delusion that India has such huge economy

    • @Kitty786kat
      @Kitty786kat 2 месяца назад +55

      Idk I really don't think ki ye data sahi hai , khud apne aas paas dekho do you really believe that even houseworkers earn upto 20k

    • @t-.-t.
      @t-.-t. 2 месяца назад +64

      It's because of population and nothing else. It's like scoring 100 marks by 100 people collectively vs other countries where 10 people scoring 99 marks.

    • @susmitasarkar7061
      @susmitasarkar7061 2 месяца назад +8

      Because our high population 😅

  • @dipagupta34
    @dipagupta34 2 месяца назад +5510

    Life boring nhi hai....humhi Garib hai 🤡🗿

    • @ig-anmollakra
      @ig-anmollakra 2 месяца назад +61

      Facts😊

    • @GopalPatel-cq1pp
      @GopalPatel-cq1pp 2 месяца назад +40

      Ha bhai😮

    • @cbazxy2697
      @cbazxy2697 2 месяца назад +109

      Boring hai isliye yeh sab materialistic cheez bikthe hai.
      Company's marketing teams trick people into thinking that they need these luxury products, people want that dopamine hit and status which they get form buying such things.

    • @ankitshukla2928
      @ankitshukla2928 2 месяца назад +6

      Us bro Us😢

    • @HEIIRO
      @HEIIRO 2 месяца назад +5

      Exactly

  • @rishab_3.0
    @rishab_3.0 2 месяца назад +1498

    10% earn money
    90% proud to be indian

    • @aakasharya6918
      @aakasharya6918 2 месяца назад +143

      90% are bhakts😂

    • @zubantungoe
      @zubantungoe 2 месяца назад +60

      True hard slap

    • @AbhigyanHShorts
      @AbhigyanHShorts 2 месяца назад

      what bhakt?
      @@aakasharya6918

    • @swarnimkaushik
      @swarnimkaushik 2 месяца назад +28

      ​@@aakasharya6918Aisa kch nhi h... meri locality me almost hr family 25k per month toh kamaati hi h.... Aur sab BJP Supporters hain
      Economic conditions ka political parties se kya lena dena

    • @mogleesh-22
      @mogleesh-22 2 месяца назад +18

      ​@@swarnimkaushiktum Ameer locality se ho. Mere yaha gaon me dukan bhi nahi chalta. 😢

  • @testandtrials
    @testandtrials 2 месяца назад +273

    India has equality in elections and social media. What a line 👌

    • @nationalist587
      @nationalist587 2 месяца назад +2

      And its need to be atleast at some place😊 so as to fight 4th generation war

  • @MorganArthur2k18
    @MorganArthur2k18 2 месяца назад +3585

    A decade ago, I had heard this phrase, 'India is a poor country but Indians are rich'. I guess this is applicable in today's time as well.

    • @mithznair
      @mithznair 2 месяца назад +89

      India began to embrace capitalism in 1991, while countries like the US have been practicing it for almost a century. We are already doing good in sometime would be better.

    • @dhrubajyotidebnath6192
      @dhrubajyotidebnath6192 2 месяца назад +136

      India is still a poor country only thing is those who had the money now beginning to show their money and those who are poor becoming more poor day by day but just not realized till now

    • @xboobgenius
      @xboobgenius 2 месяца назад +98

      ​@@mithznairlmao do you genuinely just count 1% of Indians as the whole "india" for you? only they're doing better, while the rest 99% suffer tremendously under capitalism.

    • @mithznair
      @mithznair 2 месяца назад +52

      @@xboobgenius lmao you must be a communist. This 1% jazz even happens in US. These 1% are extreme rich but they create a cycle. Today there are many people earning in crore. Dhirubhai Ambani used to be a school teachers son. Adani a middle class charted accountant. They understood business and made wealth. Rather then sitting an feeling jealous about someone else's accomplishment.
      All countries that followed communism had to switch to either capitalism or have people run to capitalist countries

    • @batmanbillions
      @batmanbillions 2 месяца назад +2

      ye toh bhai haam pyda hue bhi age se sach tha yaar

  • @tanmaydiwan2614
    @tanmaydiwan2614 2 месяца назад +2641

    How can a single video be inspiring and depressing at the same time 😂😂

    • @kumarshaananand8759
      @kumarshaananand8759 2 месяца назад +24

      Just like the song daylight

    • @muskanshaikh5254
      @muskanshaikh5254 2 месяца назад +8

      Exactly 💯🤣

    • @jerinmathew4726
      @jerinmathew4726 2 месяца назад +35

      If out of 1.4 billion people, only 13000 living in absurd luxury isn't straight depressing our country will forever be doomed

    • @rubelansari8926
      @rubelansari8926 2 месяца назад +2

      Same 😅

    • @gauravnaik7096
      @gauravnaik7096 2 месяца назад +3

      so true🤣

  • @rajesh-cm7bj
    @rajesh-cm7bj 2 месяца назад +141

    10:59 most honest politician i have ever seen 🎭🎭🎭🎭

  • @ayushsubedi6445
    @ayushsubedi6445 2 месяца назад +64

    I am from Dehradun, I can see these things in our city also. In fact Dehradun has become the hub for rich people to move as it provides unique blend of nature( mountains, rivers, forests, valley etc) with development. The luxury apartments, high end cars, luxury brands are very common now. And most of the people who have these luxury items are not from our city, they have just moved in. But the native people are also getting richer day by day.

    • @archanabishi
      @archanabishi 2 месяца назад +5

      Now I want to move to Dehradun.🥲

    • @KiranDevi-gc7jn
      @KiranDevi-gc7jn 2 месяца назад +4

      By selling lands and by earning through rents

    • @nitesh1714
      @nitesh1714 Месяц назад

      They have polluted their cities, now coming to your place to pollute the left nature.

    • @deepankarbiswal6915
      @deepankarbiswal6915 5 дней назад

      good for dehradun

  • @Arijeet02
    @Arijeet02 2 месяца назад +1793

    India is the prime example of Inequality & no one is talking about this. India 3 is happy with tv debates, free ka ration, religious hatreds & Mann ki baat.

    • @user-yc2qk7sj3q
      @user-yc2qk7sj3q 2 месяца назад +164

      Toh mehnat kar aur kama the Fact iss tumhari battaao se u sound like communist but the Fact is we are living In Capitalist society bro Agar mehnat karega sab milega nhi toh keep critising this things suits u 😂😂can

    • @_kshitijsingh.1799
      @_kshitijsingh.1799 2 месяца назад +6

      right man

    • @gurustudi0486
      @gurustudi0486 2 месяца назад

      are bande risk nnahi lena chahte koi jyadatar log bussiness karna nahi chahte unhe sirf sarkari naukri chahiye @@user-yc2qk7sj3q

    • @whitewhite4462
      @whitewhite4462 2 месяца назад +59

      I made the same dialogue like you during school time and voted pappu, then our eyes kinda open and we switch to bhakt. Except Manipur justice laziness everything bjp does is kinda logical. Not even like dictatorship like. It's your perspective.

    • @KRISHKachchhava
      @KRISHKachchhava 2 месяца назад +26

      हमारे गाँव मै एक भाई रहता है आज से 4 साल पहले खाने के लाले थे आज उसके पास खुदकी 70-80 बीघा जमीन कई दुकाने है और 1 हप्ते पहले bmw खरीद कर लाया है मेहनत करनी पडती है वरना कटोरा लेकर बैठ जा मुफ्त की रोटी और पैसे मिल जायेंगे 🤡

  • @sugamnema9103
    @sugamnema9103 2 месяца назад +393

    Rich vs poor divide have never been more greater as it is today now

    • @manasrai4501
      @manasrai4501 2 месяца назад +16

      Because of nowadays rich are produced highest in no ever in history and population is highest too so how can be 150 crore wil be rich this makes the real diff or gap no so called other fucking factor
      Maybe you not know kings system
      King is richest in his kingdom so how can you say India is most seperate in this present time
      I don't know why they jate rich people may be their luxury life

    • @Shubhamdxgen
      @Shubhamdxgen 2 месяца назад +6

      ​@@manasrai4501he means to say that the Middle class is shrinking

    • @vibgyor4909
      @vibgyor4909 2 месяца назад +2

      it was more before check the stats😂

    • @anishdey1189
      @anishdey1189 2 месяца назад +2

      india shining(hollow)😅

    • @manasrai4501
      @manasrai4501 2 месяца назад

      @@Shubhamdxgen yes he want to manipulate but I am not seeing on ground
      Even rohigya Muslim believe india is good country but Indian don't

  • @ojaswidikshit
    @ojaswidikshit 2 месяца назад +62

    You are partially correct. The real estate market is booming mostly due to black market. The lands are governed by circle rates. Anything above it is in black.

  • @VinayYadav-ji5cp
    @VinayYadav-ji5cp 2 месяца назад +139

    In 2018 my parents bought 300g of gold at approx 27k per 10 gram which costs around 810k at that time...... Now in march 2024 , the gold price is around 64k for 10 grams and the total cost of the gold is around 2 million india rupees.... 😮😮 ...

    • @biswajitshaw7214
      @biswajitshaw7214 2 месяца назад +5

      Yeah Man congratulaions I will also invest in gold in future

    • @mariavahora2089
      @mariavahora2089 2 месяца назад +6

      bro inflation
      bro many places would have multiplied your money many times more.

    • @kamalkumar7978
      @kamalkumar7978 2 месяца назад +6

      Adani power from 112 to 568.

    • @VinayYadav-ji5cp
      @VinayYadav-ji5cp 2 месяца назад +1

      @@mariavahora2089 they invested in property also.... Bought 20 beega land....

    • @ananya1384
      @ananya1384 2 месяца назад +9

      Wish I had invested in gold too instead of wasting my time in school 😭

  • @avikmandal8578
    @avikmandal8578 2 месяца назад +737

    But most of those flats are bought by brokers who'll sell it at even higher prices or rent out them at very high rents

    • @firstperspective9131
      @firstperspective9131 2 месяца назад +93

      That's true. What's crazy is that these brokers have such huge amount of opportunity capital.

    • @Elamado97
      @Elamado97 2 месяца назад +9

      Brokers don't buy most of the flats

    • @fnamelname4146
      @fnamelname4146 2 месяца назад +20

      @@Elamado97 But they definitely buy a significant number of those,

    • @Uditro
      @Uditro 2 месяца назад

      Bro that's market who puts more gets more

    • @kokohustle_com
      @kokohustle_com 2 месяца назад

      @@fnamelname4146 There is a separate entity called real estate investors who only invest in real estate properties. So if brokers buy flats, they are investors.
      If anyone has the money to buy, then definitely real estate can give secure high returns in 10 year window.
      And who else to better gauge a real estate market than a broker? Same goes with stock market except that insider trading is not allowed in stock market, but real estate prices can be (and are) manipulated by brokers, so that they get a sweet deal legally, yet they will not pay taxes and pocket it as black money.

  • @altamashshaikh6751
    @altamashshaikh6751 2 месяца назад +901

    What a fantastic video this was !!
    Great top , Great Reasearch.
    Hats off Mohak.

    • @YourFuhrer1933
      @YourFuhrer1933 2 месяца назад +1

      Do u also think that a person who earns more than 25000 comes in top 10%?

    • @fnamelname4146
      @fnamelname4146 2 месяца назад +3

      @@YourFuhrer1933 No way, govt data shows this because, they are stupid/lazy/ignorant or whatever.
      because many people also earn from sources, govt is not able to track the money, eg: an average roadside shopkeeper will easily earn more than this, but he won't file an ITR, only 7-8 crore people file ITR in India.
      Even if we take 10% of our population it comes around 14 crore, so you can see for almost half of this govt don't know exactly how much they earn.

    • @Mahi_mar_rha_hai_07
      @Mahi_mar_rha_hai_07 2 месяца назад +1

      Do you think Amani will give you money 😂

    • @batmanbillions
      @batmanbillions 2 месяца назад

      mera akhe khul di bhai...aab ameer banna hein ameer....kata chamach se khaunga, tip hoga hajar rupay ka chai pine ke baad

    • @Devil-lo6xc
      @Devil-lo6xc 2 месяца назад

      ​@@Mahi_mar_rha_hai_07who is amani????

  • @amaranthswami2577
    @amaranthswami2577 2 месяца назад +41

    According to government data -
    Monthly expenditure of average Indian - (this include everything)
    Rural - 3773
    Urban - 6459
    Top 5% Indians monthly expenditure -
    Rural - around 10k
    Urban - around 20k

    • @kartikeyasinha7793
      @kartikeyasinha7793 2 месяца назад +4

      Those figures of 3773 and 6500 are for 1 family not 1 person

    • @amaranthswami2577
      @amaranthswami2577 2 месяца назад +1

      @@kartikeyasinha7793 i think it 1 person . Correct me if I'm wrong

    • @kartikeyasinha7793
      @kartikeyasinha7793 2 месяца назад +5

      @@amaranthswami2577 nah it's for a family lol. Check the report. 6000/person for a family of 5 would be 30k per month which is more than the GDP per capita itself 💀

  • @priyanshudey1004
    @priyanshudey1004 2 месяца назад +25

    I hoped that our Schools and colleges taught us how to be rich and be independent rather than teching us how to work for rich people 🙃

    • @krox477
      @krox477 Месяц назад +1

      If they start teaching this you won't you stop going there

  • @souravyadav5307
    @souravyadav5307 2 месяца назад +630

    He said it indirectly ki ambani ke bete ki shadi ko dekh ke uspar opinion dene se ghar nhi chalne wala

    • @chetananand7783
      @chetananand7783 2 месяца назад +12

      true🤣🤣

    • @laba3423
      @laba3423 2 месяца назад +3

      balki aim krro tumhari aane wali generation kee shadi bhi aisee ho

    • @Karjbtz1
      @Karjbtz1 2 месяца назад

      ​@@laba3423sei baat aur mehnat Karo, it has changed my views regarding board exam , I thought my scoring board exam it will change my life but I was totally wrong now I understood that knowledge matters the most not these fake nos of no use

  • @nooousername
    @nooousername 2 месяца назад +447

    Lol those 60000 crorepaties are legal ones but there are many many people who have like thousands of crores illegally 😂

    • @fnamelname4146
      @fnamelname4146 2 месяца назад +39

      And some farmers also

    • @its4uu
      @its4uu 2 месяца назад +10

      Rahul gandhi has worked in fields and then he have the net worth he have today 😂😂❤❤

    • @Tousiftak
      @Tousiftak 2 месяца назад +28

      Modi ji chai bech ke 20000 crore😂😂 kese kmaya​@@its4uu

    • @offred6013
      @offred6013 2 месяца назад +3

      ​@@fnamelname4146most of them r netas nd babus

    • @batmanbillions
      @batmanbillions 2 месяца назад +1

      paisa hein na ? summary to wohi hain yaar....

  • @AdnanAhmed-cp2fz
    @AdnanAhmed-cp2fz 2 месяца назад +135

    Rich becoming richer & poor becoming poorer.
    Inequality + Development = Capitalism 💥

    • @loma7652
      @loma7652 2 месяца назад +15

      Poor people doesn't try to hardwork to become rich

    • @gs_car.spotter
      @gs_car.spotter Месяц назад +2

      Capitalism is the best

    • @WilliamLi-nd4lz
      @WilliamLi-nd4lz Месяц назад +1

      capitalism works. Try me, I dare u

    • @juliuscaesar564
      @juliuscaesar564 Месяц назад

      Saari capitalist countries are far far better than india

    • @mudaliarnaresh6519
      @mudaliarnaresh6519 Месяц назад

      ​@@loma7652Do you even know what is hardwork? Can you do it there job for just 1 day? Think before commenting

  • @pratikgiri672
    @pratikgiri672 2 месяца назад +17

    What a video man. I can't appreciate it more. The way you explained it with every detail. Absolutely phenomenal. Love from Nepal 🇳🇵. Keep educating us.

  • @yourwellwisher582
    @yourwellwisher582 2 месяца назад +159

    Dude even in Jhansi U.P. ..Jhansi has changed immensely in just few years... Luxury cars, skyrocketed real estate, expensive brands. There are UHNIs even in a city like Jhansi.

    • @vipulchaturvedi
      @vipulchaturvedi 2 месяца назад +1

      Main bhi jhansi se hoon

    • @manasrai4501
      @manasrai4501 2 месяца назад +7

      Soory bro you live in real life but he live in parallel world
      Anyone will be prosperous when he changes himself as time changes
      Present time is business,startup shops ,brands time and anyone only thinks about jobs so how can be he will be prosperous
      Becoming rich has many ways
      Even some government job has immense money
      So who says there is no opportunity to became rich in India nowadays
      Real problem is in you don't do business cracks this exam's it wil also lead to final destination
      So hardworking is only ways to get anything never society is good even it wil be USA or India

    • @anyavlogs31
      @anyavlogs31 27 дней назад

      Bro I'm from jhansi as well mujhe toh nahi dikh rha yeh Sab kaha par hai? 💀

    • @vipulchaturvedi
      @vipulchaturvedi 27 дней назад

      @@anyavlogs31 Anya I know some of them
      My friends from high school too, they own several wedding houses and gardens

  • @MyMusicAsSulagna
    @MyMusicAsSulagna 2 месяца назад +257

    2:14 my materialistic aspiration: hardcover books

  • @diponkonar7101
    @diponkonar7101 2 месяца назад +16

    Just to add ....like you said growing Tier 2 & 3 cities Surat is also one such name to be added, it's fastly growing with ample amount of luxurious amenities

  • @AmarBongo123
    @AmarBongo123 2 месяца назад +17

    India's current Gini Coefficient is 0.47 which is among the high inequal nations of world. (The higher the more inequality). This is higher than Monarchial Countries of middle East or UK and just slightly above US. So quite surprising for a democracy. This highlights one failure aspects of democracy that it is/was just used poor eyewashing since independence by the political elites- Gandhian Family of Congress and now the new ones(including regional).
    This highlights "giften" democracy is inferior to "achieved" democracy like those happened in Europe. And of course the importance of revolutions by the masses, poor & working class led by responsible sensible middle class against aristocracy/elitism that happened in France, Russia, Cuba, China which we sadly missed. It would force the elites to do for India 3 or abolish it entirely.

  • @GD-mw1kd
    @GD-mw1kd 2 месяца назад +904

    1% club
    बाकी 99% लोग चुप चाप video देखो

    • @x-yz111
      @x-yz111 2 месяца назад +15

      Gazab bhai😅

    • @prathamr6733
      @prathamr6733 2 месяца назад +10

      Sahi baat boli bhai

    • @AnweR-AmmaR
      @AnweR-AmmaR 2 месяца назад +3

      😂

    • @navnathphadtare8997
      @navnathphadtare8997 2 месяца назад +4

      I don't understand

    • @Terrinist
      @Terrinist 2 месяца назад

      this is a democratic country not authoritarian and a capitalistic country 😡😡😡😡😡😡😡😡

  • @swadeshbharadwaj5217
    @swadeshbharadwaj5217 2 месяца назад +189

    Besides being an informative and useful video, so much to notice from this video -
    1. Career awareness
    2. How manage wealth
    3. Cons of New Money
    4. Harsh reality check for India 3

    • @oshinmittal4183
      @oshinmittal4183 2 месяца назад +1

      exactly!

    • @swadeshbharadwaj5217
      @swadeshbharadwaj5217 2 месяца назад

      @@oshinmittal4183 🐐

    • @mov_23
      @mov_23 2 месяца назад +1

      If someone sold their business for 100 cr and they have to pay tax of 24% is the number same for every amount?? But tax on income greater than 1 cr is around 35 percent? How?

    • @swadeshbharadwaj5217
      @swadeshbharadwaj5217 2 месяца назад

      @@mov_23 agreed?

  • @sudhitpanchal4996
    @sudhitpanchal4996 2 месяца назад +7

    This is so true, here In Ahmedabad in previous years the prices of houses have boomed so much!

  • @kevinsanghvi5928
    @kevinsanghvi5928 2 месяца назад +11

    I am from morvi, Currently living in rajkot so I can relate this video.many ultra rich families are living in morbi and rajkot.. also the employment rate is more than 90% in morbi.

  • @sujanmaharjan5838
    @sujanmaharjan5838 2 месяца назад +327

    Sivaji : The Boss was right

  • @ApekshaShende-zs1cb
    @ApekshaShende-zs1cb 2 месяца назад +649

    Garib people attendance here😢

    • @deerajbhardwaj6244
      @deerajbhardwaj6244 2 месяца назад

      😂😂😂

    • @bidyutboruah9827
      @bidyutboruah9827 2 месяца назад +17

      Tuja agor isme garv ho raha hai tu hama kia karna. Me garib nhi hu. Mahnat se upper class me jauga.

    • @mybeautifulcat7011
      @mybeautifulcat7011 2 месяца назад +8

      @@bidyutboruah9827 ye hui na baat mere sher, all the best! bus manhoos logo ko avoid karna

    • @ApekshaShende-zs1cb
      @ApekshaShende-zs1cb 2 месяца назад

      @@bidyutboruah9827 I did much hard work...now I am mbbs student.... best of luck for you

    • @ApekshaShende-zs1cb
      @ApekshaShende-zs1cb 2 месяца назад

      @@bidyutboruah9827 I did much hard work.. now I am mbbs student... best of luck for you...

  • @sparshjain5989
    @sparshjain5989 2 месяца назад +4

    You have done a great research and the facts were on the point..... a well knowlegable video

  • @firdos1069
    @firdos1069 2 месяца назад +1

    Brilliant video mohak !! Love your representation of facts. Thank you for making us financially literate in the context of how the top 1% works.

  • @KAABBO
    @KAABBO 2 месяца назад +539

    Mukesh Ambani is playing The Godfather

  • @SonyRoy
    @SonyRoy 2 месяца назад +284

    5:07 What a co-incidence, today I was discussing the same thing with my colleague that if you earn 27k per month, then you are among the top 10% rich people. He then cited our senior officer (a section officer in my office) who earns around 90k/mo yet claims himself a middle class.

    • @kokohustle_com
      @kokohustle_com 2 месяца назад +43

      There are 4 major classes in India : 1. very poor (50%); 2. poor (20%); 3. middle class (10%); 4. rich (1%). Many people think they are middle class are actually poor. A person with post-tax annual salary of Rs 15 lakh is actually rich.

    • @Priyanshuyadav-cf4kp
      @Priyanshuyadav-cf4kp 2 месяца назад +1

      Which ministry? 😅

    • @Strong_lama
      @Strong_lama 2 месяца назад +14

      I think it's like 25000 per person
      Not entire families

    • @SonyRoy
      @SonyRoy 2 месяца назад +2

      @@Priyanshuyadav-cf4kp Cabinet Secretariat

    • @SonyRoy
      @SonyRoy 2 месяца назад

      @@Strong_lama of course it's per person.

  • @bhaveshg1000
    @bhaveshg1000 2 месяца назад +6

    Bhai kya explain karte ho
    Fan ho gaya apka
    Last 2-3 vidoes hi dekhe h Maine but very well written and explained

  • @shubhamchande4360
    @shubhamchande4360 Месяц назад +1

    What an amazing video. Much Valuable ❤. Good work

  • @srush170
    @srush170 2 месяца назад +61

    Last few lines put us into deep thinking 💀

    • @rohankumar9034
      @rohankumar9034 2 месяца назад +9

      Yea man ...The last few lines made my brain go into deep philosophical thinking for few minutes!
      Daym....jo India 3 ke liye entertaining hai vo India 1 ke liye cringe

  • @hmoondra2
    @hmoondra2 2 месяца назад +35

    I am from Vapi and I can definitely tell you guys this one thing. Vapi is a small town by the area, but the net worth of individuals here is freaking high, the simple reason is, strong presence of chemical, plastic, paper and pharmaceutical industries and their auxiliaries.

    • @srikantdas039
      @srikantdas039 Месяц назад +1

      Totally agreed 💯 have personally seen this in Vapi

    • @Z71990
      @Z71990 Месяц назад

      I never heard of Vapi city

  • @NaitriTejani
    @NaitriTejani 2 месяца назад +3

    Another great video! I really enjoy watching the videos that you make, and I also request that you create a video on the topic of how the younger generation spends their whole day on their phones. For example, a few years ago, when we used to attend weddings, kids used to play, but now when I go to weddings, the kids are just crying (and some are hitting their moms to get phone.) Their mothers easily give them a phone, and they just scroll on it. When the phone is taken back, the kid becomes crazy, starts to cry, hit, and scream. Also, in my neighborhood, I don't see kids playing outdoors; they are just at home all day with their phones (and many parents also don't let them go outside and play I do not know why , but I think that's only in my neighborhood ). Let me not even get started on their attention span. In my opinion, they are becoming very bad at studies; many cannot even read any language besides English, and their math skills are very poor. And communication skill is also worsening .I think this issue must be resolved quickly.

  • @bhaveshvispute4283
    @bhaveshvispute4283 2 месяца назад +2

    Mohak bhai loved the research yaar ek number❤❤🎉 you always come with something special.

  • @harshagarwal3045
    @harshagarwal3045 2 месяца назад +99

    I noticed a different editing approach to this video, it was much nicer. Good content!

    • @hey_you.
      @hey_you. 2 месяца назад +1

      💯💯

    • @devanshgupta794
      @devanshgupta794 2 месяца назад

      But it was too silent and very little music, it felt weird, i was lost and had to skip back 20 seconds, 4-5 times

  • @manav.033
    @manav.033 2 месяца назад +280

    I bet either thumbnail or the title would be changed within a few hours 😂

    • @AnkitYadav-rj8ml
      @AnkitYadav-rj8ml 2 месяца назад +1

      😂

    • @koushikreddy2627
      @koushikreddy2627 2 месяца назад

      @@AnkitYadav-rj8ml y bro

    • @official...Akonsu29
      @official...Akonsu29 2 месяца назад

      What was the title before

    • @official...Akonsu29
      @official...Akonsu29 2 месяца назад +1

      And thumbnail

    • @Terrinist
      @Terrinist 2 месяца назад

      @@official...Akonsu29 title was "Crazy Rich Indians" and thumbnail was Mohak smiling and a billionaire, with his big mansion and a luxury car

  • @rajat4urasiya
    @rajat4urasiya 2 месяца назад +2

    First time I watched video it's amazing to explain!! Your words is very peaceful
    Nice brother keep going up 👍

  • @Mikevik
    @Mikevik 2 месяца назад +4

    09:24 - Love these small parts, Which Show mohak Really cares for his audience ❤❤

  • @sonalil7795
    @sonalil7795 2 месяца назад +24

    I am from jamshedpur I know how rich is jamshedpur
    Normal indian : Maruti Swift
    Jamshedpur people: Mercedes Benz 😂

  • @nachiketmore3375
    @nachiketmore3375 2 месяца назад +76

    bro your droping straightup DOCUMENTRIES!! great work

  • @adnankureshi1540
    @adnankureshi1540 2 месяца назад +1

    Very well researched video. Thank you for making such thought provoking content.

  • @PRIYASINGH-ru5dc
    @PRIYASINGH-ru5dc 2 месяца назад +4

    Please make a part 2 of this video,,,and explain how to get over from the situation

  • @sahilsingh6048
    @sahilsingh6048 2 месяца назад +35

    When somones says that money cannot buy happiness and health , than he is lying to you., you must need money to get these .

  • @PositivelyPresent1
    @PositivelyPresent1 2 месяца назад +160

    Such a nice and informative video .. and I especially loved that little part where you came in and told that this private wealth management can be a good career option… it shows you really care about the youngsters who watch your videos and truly guide and inspire them… ❤️

  • @LizaSingh-fn3eq
    @LizaSingh-fn3eq 2 месяца назад +5

    Absolutely loved the points you raised in this video Mohak!! It's funny how blind the common man is to the 1:10: rest ratio
    The changing attitude of people with the times and how we are only equal on sicial media and during elections
    Bravo as always ❤❤ and thank you for your and your team's efforts for constantly bring out such well researched and well thought content

  • @ududayan98
    @ududayan98 2 месяца назад +1

    Love you content and the tone of your voice. Very soothing. No chillana

  • @noonaastrid9407
    @noonaastrid9407 2 месяца назад +31

    It's true. We're all wasting money on things we dont need.
    I love buying Branded shoes and sometimes I feel, had I saved it or bought other cheaper shoes I'd have accumulated alot of money.

    • @aziz9811
      @aziz9811 2 месяца назад +2

      All upper and lower middle class are stuck in the same rut, keep buying expensive things which they dont need

  • @saransh.agarwal
    @saransh.agarwal 2 месяца назад +1

    Like the structure of the video, well made. Would love to explore more on the India 1 2 and 3 topics. Social media and Elections being the only common thing is a pretty bad state. understanding the impact of just social media and elections on India 1, 2 & 3 and Drawing parallels between other nations on how to reduce this income gap are great topics to explore

  • @sarthak268
    @sarthak268 2 месяца назад +1

    Thankyou so much Mohak Mangal for this video. Very well reserachsd and useful case study.

  • @sickomode6440
    @sickomode6440 2 месяца назад +193

    I feel deeply sad to report the 2022-23 Per capita Monthly Household Income Report is very shocking. The lowest 5% Indian only has the ability to spend 46 rupees.
    Whereas the number of Ultra high net worth Indians has increased 6% to 13,263.

    • @doitwithnick501
      @doitwithnick501 2 месяца назад +15

      sarthak ka video dekha na tune 🤣

    • @nerdy_v4x
      @nerdy_v4x 2 месяца назад +8

      sarthak bhai ki video😂🛐

    • @Mystic2203
      @Mystic2203 2 месяца назад +16

      Atleast the poor is getting free food so they aren't starving but we have lack of jobs in our country which is the major cause of this disparity and our population is so big which makes it hard to solve

    • @devbhise
      @devbhise 2 месяца назад +8

      @@Mystic2203 You are completely wrong

    • @Dstrfdddddv
      @Dstrfdddddv 2 месяца назад

      Won't agree with you ​@@Mystic2203

  • @vivek-420
    @vivek-420 2 месяца назад +95

    Standing ovation 👏 from my side, Mohak. What a video!

    • @AmanKumar-wh8tk
      @AmanKumar-wh8tk 2 месяца назад

      @OwaisKumar-se8dm 😂😂 why does this reply seem a little too funny?

  • @harshverma3548
    @harshverma3548 10 дней назад +3

    1% crazy riches are enjoying life,
    99% are protecting their religion from the people of different religion.

  • @RajPatil-si5ly
    @RajPatil-si5ly 20 дней назад +2

    This Documentry Gives Us Practical Knowledge Of Our India Money 💰 Plz Make More Videos On Finance🙏🏻

  • @thedark12891
    @thedark12891 2 месяца назад +678

    Why are people so jealous of rich people. Its just wrong as if everyone thinks that they are being scammed. I don't have money ,a job or rich parents but it just feels wrong to me. If it is actually bothering us that much the solution is not to take their money ,but get rich ourselves. Use this anger as motivation to get rich and make your parents proud.(Not sympathising the rich people just my stand towards the issue. Hope you understand thats why edited the comment For further story read the replies)
    Note of thanks: Thank you to all the people who have replied reading them has helped me gain a lot of perspective from different standpoints.😀🙏🙏

    • @Yourxway
      @Yourxway 2 месяца назад +89

      Your statement shows maturity, a rather rare phenomenon. I do not know what you exactly want with life, but keep going, it is indeed a worthy pursuit, work on yourself, best of luck.

    • @AnemoiaGuy
      @AnemoiaGuy 2 месяца назад +29

      What if u stuck in a job that u don't like and not able to switch jobs
      (Just like fight club movie)

    • @AnemoiaGuy
      @AnemoiaGuy 2 месяца назад +108

      Guy is so ignorant that he thinks anyone who do hardwork can succeed

    • @harshbatra9873
      @harshbatra9873 2 месяца назад +47

      You are replying because you don't know reality.. rich people are rich because of ancestral money

    • @username_0_0
      @username_0_0 2 месяца назад +45

      most big business is monopoly which gives not room for competition. Also their money laundering from middle class and poor and they pay minimal tax by avoiding transparency.

  • @incognalaccoun4942
    @incognalaccoun4942 2 месяца назад +34

    21:42 Deep 😮

  • @user-dm6rk5gi1n
    @user-dm6rk5gi1n 2 месяца назад

    I’m extremely awestruck by this video, this answers so many questions
    Hats off to you sir!

  • @ankitcansal6063
    @ankitcansal6063 Месяц назад +2

    i was never expecting that ending.

  • @aspirer47
    @aspirer47 2 месяца назад +14

    That Last line hit hard,
    This just shows how important it is to elect the right representation for our Nation.

    • @wohooooo7613
      @wohooooo7613 2 месяца назад +2

      Modi hatao,gdp ko loss ho rha.
      Rahul Gandhi and Mamta Banerjee is best.

    • @user-SkmBeats
      @user-SkmBeats 2 месяца назад

      r u mad LOL @@wohooooo7613

    • @johnlove2954
      @johnlove2954 2 месяца назад

      😂

  • @shivavemula5440
    @shivavemula5440 2 месяца назад +39

    Beautifully put together 👏
    I've shared it not only with all my friends but also with all of my family and relatives
    Thank you mohak for making such
    content

  • @Ayush12345654321
    @Ayush12345654321 2 месяца назад

    Beautiful content bro, learnt a lot.. keep it up. 🙏🏽

  • @TheCompoundingMagic
    @TheCompoundingMagic 2 месяца назад +2

    very well created content ....well explained and well researched.....applaud👏👏👏👏👌

  • @Dstar-km9fi1hs2j
    @Dstar-km9fi1hs2j 2 месяца назад +103

    The state of politics and people's age old mindset in India tells that it will take decades for India to have as many rich people as developed countries.
    Edit: Lol as I expected people are taking my comment opposite to what I meant. The top rich people in India are becoming more powerful, they are intervening in everything,for profit posing problem for startups in India who can't compete due to less investment and thus get bought by the powerful ones.Despite being socialist wealth distribution in India is worse.

    • @vasumamayo
      @vasumamayo 2 месяца назад +22

      It depends on what kind of rich, if we get rich together then no one's going to say shit, but if a few get ultra rich then that is a problem. Wealth distribution is very important and it's already a problem in the US.
      Edit: your previous comment wasn't clear at all and you used US as an example which is the worst example to use. It looks like you're against corny capitalism which is my take as well 👍

    • @parvadhami980
      @parvadhami980 2 месяца назад +2

      Lol what 🤣

    • @riflebird4842
      @riflebird4842 2 месяца назад +8

      Wealth distribution is more important than some people getting rich

    • @khushboosoni7048
      @khushboosoni7048 2 месяца назад +4

      state of politics is currently way better thn it has ever been so don't worry

    • @noterenyega9158
      @noterenyega9158 2 месяца назад +8

      Tf ?? As if more income inequality is a good thing ?

  • @kataruchitraketh
    @kataruchitraketh 2 месяца назад +141

    You build wealth by extracting surplus value from others. It's so simple. That's why India and for that matter the USA also has very high income inequality.

    • @atharvagaikwad8471
      @atharvagaikwad8471 2 месяца назад +6

      I don't agree

    • @brascoperryjoe6425
      @brascoperryjoe6425 2 месяца назад

      No, US is nowhere near to the income inequality in India. And Indians are so complacent of not questioning this "crony capitalism" rather support it, but in US people won't tolerate these kind of Corporates splurging their money and showing opulence. They don't like their "filthy rich".

    • @Sarthak.b
      @Sarthak.b 2 месяца назад +9

      Very stupid statement. You earn salary. A poor fruit vendor earns ₹100 everyday. That maybe also snatching surplus from others?

    • @ayushnews5735
      @ayushnews5735 2 месяца назад +11

      That's called the Zero sum mindset. The world needs new inventions. Invent something great and you'll get your fair share without snatching anything from existing players.
      If you enter into the same market with same products, then it'll definitely be a race of who wins the zero sum game first.

    • @anandsharma7430
      @anandsharma7430 2 месяца назад +6

      @@Sarthak.b Your comment shows a lack of understanding of economics and the depth and breadth of a modern top-10 economy like India. Fundamentally, salaried income is different from business income. Those two have different income tax forms as well. The formal name for your argument is a strawman using a false equivalence.

  • @user-hh8fy1zx4x
    @user-hh8fy1zx4x 2 месяца назад +3

    15:24 Effective from the Assessment Year 2024-25 (April 1, 2024, onwards), the maximum exemption allowed under Section 54 is capped at Rs. 10 crore.

    • @DineshKumar-pm2yh
      @DineshKumar-pm2yh 11 дней назад

      Government ne to loot macha rakhi hai had 24% to bahut jyada hota hai inko 0.5% se jyada nahi lena chahiye

  • @doubless3513
    @doubless3513 2 месяца назад

    Thank you so much bhaiya, very knowledgeable full video ❤

  • @saptarishimehta1943
    @saptarishimehta1943 2 месяца назад +33

    Great Job! We need more of these types of videos comparing India 1,2,3 and the people of it. People should be shown true mirror and reality of living in India as a Middle and Poor class person so that next type they should think from their brain not from their heart while giving vote in Lok Sabha Elections and what sort of people will be benefited if the governments and politicians remain the same. Jai Hind and Jai Bharat!

    • @devesh09
      @devesh09 2 месяца назад

      Ur description is excellent

  • @souviksikdar1864
    @souviksikdar1864 2 месяца назад +14

    It is teally scary that people sitting at the top of some top government institutions is making more money than startup owners ,due to corruption.

  • @saileekalekar708
    @saileekalekar708 2 месяца назад

    This is one of my favourite video of yours ❤ great work please keep it up 🙏🏻

  • @dainiu
    @dainiu 2 месяца назад +67

    The best measure of income inequality is the Gini coefficient. Currently at around 34 for India which puts India in the same category as Sudan and Georgia (country).
    Edit: I know Georgia is technically not part of Russia. Since the 2008 war, it has been pretty much at the mercy of Russia. 20% of their land is occupied by Russia. Russian businesses dominate Georgia. I just wanted to call it out as being separate from the Georgia in America.

    • @joydeepchakraborty8023
      @joydeepchakraborty8023 2 месяца назад +7

      5 trillion 🎉🎉🎉🎉

    • @AkashVerma-hq8nz
      @AkashVerma-hq8nz 2 месяца назад +1

      @@joydeepchakraborty8023SPEAK ABOUT SANDESHKHALI AND SHAHJAHAN SHEIKH

    • @dhananjayrana6222
      @dhananjayrana6222 2 месяца назад +10

      Yet you fail to mention India's fall in gini index since 2019 and also the fact that Myanmar has a lower Gini's index than India while USA has a higher one. Will you move to Myanmar now? This index is as effective as the Big Mac Index.

    • @SPRINGGREEN813
      @SPRINGGREEN813 2 месяца назад +3

      African countries be like :- These are childish numbers

    • @shreykumar7975
      @shreykumar7975 2 месяца назад +1

      @@dhananjayrana6222 not really man you cant really look at 1 index alone and tell about a countries financial situation you would have to look at multiple indexex and immediate as well as local phenomenas to get a clearer picture plus USA would be the last country that i would want to go to in near forseable future

  • @Abhishekishere
    @Abhishekishere 2 месяца назад +60

    15:54 LTCG is 20% + 4% of that amount so it's 20.8% not 24%.
    *Sur applicable if income exceed 50lakh.

    • @rishi1143
      @rishi1143 2 месяца назад +18

      Ca Student Spotted

    • @x87-64
      @x87-64 2 месяца назад +1

      okay how do i learn all this?

    • @_chandrakant_3110
      @_chandrakant_3110 2 месяца назад

      ​@@x87-64 CA krlo 🤣🤣

    • @AbhishekSingh-ul3im
      @AbhishekSingh-ul3im 2 месяца назад

      ​@@x87-64 read income tax

    • @akshat4607
      @akshat4607 2 месяца назад

      ​@@x87-64 if you want to have a better mental health then dont learn this
      (I know because i am a ca student)

  • @shubhampadhy7324
    @shubhampadhy7324 2 месяца назад +1

    I really appreciate your team's work🙂

  • @simransucharita5434
    @simransucharita5434 2 месяца назад +2

    Buying luxury items are trending in today's middle class youth.. specially between 15-25 age people who are from middle class. Zara/Addidas/Nike/Puma/Wildcraft/Apple/Samsung/LV are few of them..there are many more list goes on.

  • @rajeevganeshgarh
    @rajeevganeshgarh 2 месяца назад +27

    India - (Gujarat, Maharashtra, Karnataka, Tamilnadu, Hyderabad & Delhi NCR) = Sub-Saharan Africa

    • @drodro7672
      @drodro7672 2 месяца назад +2

      Add also Kerala, Goa, Punjab/Haryana, Chandigarh, Himachal Pradesh, Uttarakhand, and Sikkim, when human and social parameters are included.
      All these states left, India is even below most sub-saharan Africa states.
      I still don't understand UP'ians and Biharis (the big children of the school), but also unprivileged Gujaratis, how they still are so busy in that kind of political and social affairs, which is backwarding India !

    • @Sanskari_atheist_aryan
      @Sanskari_atheist_aryan 2 месяца назад

      ​@@drodro7672why to add Biharis and Gujaratis

    • @Sanskari_atheist_aryan
      @Sanskari_atheist_aryan 2 месяца назад

      ​@@drodro7672Biharis had been exploited by the nation that's the truth

    • @Chanchal_Ji-ys7yl
      @Chanchal_Ji-ys7yl Месяц назад +1

      Why are you comparing with Africa?
      Where many people don't know to count from 1 to 100. And you are feeling better to compare them with you and satisfying your ego.

    • @Chanchal_Ji-ys7yl
      @Chanchal_Ji-ys7yl Месяц назад +1

      ​@@Sanskari_atheist_aryanwhat Kind of exploitation?
      Can you explain.

  • @RavarsenBlogspot
    @RavarsenBlogspot 2 месяца назад +84

    Nobody can make me buy a box of concrete in India for 100cros

    • @pratykshgoel
      @pratykshgoel 2 месяца назад +116

      Convince generally unko kia jaata hai, jinke paas paisa ho

    • @budheswarrajdey5880
      @budheswarrajdey5880 2 месяца назад +8

      😂​@@pratykshgoel

    • @budheswarrajdey5880
      @budheswarrajdey5880 2 месяца назад +68

      ​@@pratykshgoel gareeb Bolne ka tarika thoda casual hai

    • @prince2.22
      @prince2.22 2 месяца назад +28

      ​@@pratykshgoelBhai sidhe garib bol indirectly kyu bol raha 😂😂

    • @pranavpandey6957
      @pranavpandey6957 2 месяца назад +15

      Bro thinks he spits 100cr for fun.

  • @kartikdubey6119
    @kartikdubey6119 2 месяца назад

    Kudos to you bro..such details and research....

  • @kittukrishna8788
    @kittukrishna8788 2 месяца назад

    Just Brilliant, Covering many Points!!

  • @prithwishghosh8245
    @prithwishghosh8245 2 месяца назад +6

    Wow, your video is absolutely outstanding! 🌟 I learned so much new stuff and was truly inspired by your creativity and expertise. Keep up the amazing work, you're making a real impact

  • @manofvission
    @manofvission 2 месяца назад +22

    If you keep uploading such kind of videos I'm literally going to drop my MBA😅

    • @kokohustle_com
      @kokohustle_com 2 месяца назад +8

      Dont do. One thing he missed in the video is crazy rich Indians have crazy networking. And nothing beats MBA in that respect.

    • @Mr.VAGlNA
      @Mr.VAGlNA 2 месяца назад +1

      Then focus on startup after MBA.

    • @KRISH57676
      @KRISH57676 2 месяца назад

      After/During MBA, how do you earn good money to make an investment in your startup or a new business ?
      Especially in a startup hostile environment like India. Plz tell someone. 🙏🏽

    • @kokohustle_com
      @kokohustle_com 2 месяца назад

      @@KRISH57676 Money will never be enough to start a business. In the beginning, you have to borrow the money from friends and family, based on all the trust you have generated so far in your life (and MBA degree will help here since some of your seniors will be startup founders or in good positions).

  • @REVIEWSONTHERUN
    @REVIEWSONTHERUN 2 месяца назад

    Very interesting! Thanks for sharing it. ✌️

  • @summerhill5784
    @summerhill5784 2 месяца назад +1

    What a great video and Content 🎉, I wish this videos could have been longer 😊

  • @rudrakshsharma1066
    @rudrakshsharma1066 2 месяца назад +13

    Extremely well-researched video Mohak
    I am hooked on all your videos

  • @omanyte9972
    @omanyte9972 2 месяца назад +10

    Interesting video. Very informative. I think in next video you can continue this topic and explain how the activities of India-1, India-2 and India-3 affect the environment.

  • @fahadmohammed1340
    @fahadmohammed1340 Месяц назад

    U explain really well bro , hats off to your hardwork

  • @pragnyaayyagari8971
    @pragnyaayyagari8971 3 дня назад

    Really love the way you put out the content.

  • @hungrylearner9110
    @hungrylearner9110 2 месяца назад +11

    5:15 but i think that 25k is for per person, we are family of 5 but my dad only earns between 20-25k i don't think we are in top 10%, i think according to this data our family income should be 1.25 lakhs

  • @user-uw6tc7yj8c
    @user-uw6tc7yj8c 2 месяца назад +9

    I read a report related to this topic recently and the fact which blew my mind was that in indian the lowest grade population is able to spend only 46rps a day
    This number shows that the rich is becoming rich and the poor is becoming more poor
    I am not that much mature to say wether its good to boost the economy by growth of all or by growth of some specific group of people what you guys think?

  • @rimaduttachowdhury6959
    @rimaduttachowdhury6959 2 месяца назад

    wow, after so long came across a video that talk about inequality with so much openness, honesty and no sugar coating. Though its very unfortunate but that's the reality everyone should be aware off. Editing and storytelling is execellent.

  • @thumujhakruthi2007
    @thumujhakruthi2007 19 дней назад

    You are so Underrated man your Content so good and knowledgeable, I'm telling you this after watching half video of yours , Appreciate all your efforts , Thankyou

  • @agx111
    @agx111 2 месяца назад +11

    8:12
    bro did not even hesitate 🤣🤣🤣🤣🤣🤣

  • @debabratadebbarma7152
    @debabratadebbarma7152 2 месяца назад +10

    It's 11 Lakh not 1 Lakh. I think you misread it. 5:25

    • @adityarai4947
      @adityarai4947 2 месяца назад +6

      11,66,520 is annual amount. Divide it by 12 and you will get ~1lac per month. He said it right

  • @mohd.sameershaikh9174
    @mohd.sameershaikh9174 2 месяца назад

    The conclusion part was on the point. Thanks

  • @AMohan-uk4cq
    @AMohan-uk4cq 2 месяца назад +1

    Mohak, Thank you for the video.

  • @FaizanShaikh-pp1kg
    @FaizanShaikh-pp1kg 2 месяца назад +8

    6:36 I don't agree with the iPhone point. Iphone Ameer nhi tuchiye kharidte h 😂