Crazy Rich Indians

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  • Опубліковано 3 бер 2024
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КОМЕНТАРІ • 2,9 тис.

  • @mohak_mangal
    @mohak_mangal  2 місяці тому +287

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

  • @MorganArthur2k18
    @MorganArthur2k18 2 місяці тому +3452

    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 місяці тому +87

      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 місяці тому +132

      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 місяці тому +95

      ​@@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 місяці тому +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 місяці тому +2

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

  • @dhirajgawande007
    @dhirajgawande007 2 місяці тому +3488

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

    • @HimanshuKumar-jk5bl
      @HimanshuKumar-jk5bl 2 місяці тому +97

      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 місяці тому +274

      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 місяці тому +51

      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 місяці тому +61

      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 місяці тому +8

      Because our high population 😅

  • @rishab_3.0
    @rishab_3.0 2 місяці тому +1214

    10% earn money
    90% proud to be indian

    • @aakasharya6918
      @aakasharya6918 2 місяці тому +125

      90% are bhakts😂

    • @zlotha213
      @zlotha213 2 місяці тому +55

      True hard slap

    • @AbhigyanHShorts
      @AbhigyanHShorts 2 місяці тому

      what bhakt?
      @@aakasharya6918

    • @swarnimkaushik
      @swarnimkaushik 2 місяці тому +18

      ​@@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 Місяць тому +17

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

  • @testandtrials
    @testandtrials 2 місяці тому +179

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

    • @nationalist587
      @nationalist587 2 місяці тому +2

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

  • @tanmaydiwan2614
    @tanmaydiwan2614 2 місяці тому +2505

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

  • @dipagupta34
    @dipagupta34 2 місяці тому +5126

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

    • @ig-anmollakra
      @ig-anmollakra 2 місяці тому +61

      Facts😊

    • @GopalPatel-cq1pp
      @GopalPatel-cq1pp 2 місяці тому +40

      Ha bhai😮

    • @cbazxy2697
      @cbazxy2697 2 місяці тому +107

      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 місяці тому +6

      Us bro Us😢

    • @HEIIRO
      @HEIIRO 2 місяці тому +5

      Exactly

  • @rajesh-cm7bj
    @rajesh-cm7bj 2 місяці тому +88

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

  • @ojaswidikshit
    @ojaswidikshit 2 місяці тому +53

    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.

  • @Arijeet02
    @Arijeet02 2 місяці тому +1728

    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 місяці тому +161

      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 місяці тому +6

      right man

    • @gurustudi0486
      @gurustudi0486 2 місяці тому

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

    • @whitewhite4462
      @whitewhite4462 2 місяці тому +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 місяці тому +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 місяці тому +364

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

    • @manasrai4501
      @manasrai4501 2 місяці тому +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 місяці тому +5

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

    • @vibgyor4909
      @vibgyor4909 2 місяці тому +2

      it was more before check the stats😂

    • @anishdey1189
      @anishdey1189 2 місяці тому +2

      india shining(hollow)😅

    • @manasrai4501
      @manasrai4501 2 місяці тому

      @@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

  • @ayushsubedi6445
    @ayushsubedi6445 2 місяці тому +47

    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 місяці тому +4

      Now I want to move to Dehradun.🥲

    • @KiranDevi-gc7jn
      @KiranDevi-gc7jn 2 місяці тому +4

      By selling lands and by earning through rents

    • @nitesh1714
      @nitesh1714 18 днів тому

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

  • @VinayYadav-ji5cp
    @VinayYadav-ji5cp 2 місяці тому +123

    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 місяці тому +4

      Yeah Man congratulaions I will also invest in gold in future

    • @mariavahora2089
      @mariavahora2089 2 місяці тому +5

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

    • @kamalkumar7978
      @kamalkumar7978 2 місяці тому +5

      Adani power from 112 to 568.

    • @VinayYadav-ji5cp
      @VinayYadav-ji5cp 2 місяці тому

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

    • @ananya1384
      @ananya1384 2 місяці тому +5

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

  • @altamashshaikh6751
    @altamashshaikh6751 2 місяці тому +892

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

    • @YourFuhrer1933
      @YourFuhrer1933 2 місяці тому +1

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

    • @fnamelname4146
      @fnamelname4146 2 місяці тому +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 місяці тому +1

      Do you think Amani will give you money 😂

    • @batmanbillions
      @batmanbillions 2 місяці тому

      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 місяці тому

      ​@@Mahi_mar_rha_hai_07who is amani????

  • @yourwellwisher582
    @yourwellwisher582 2 місяці тому +151

    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 місяці тому +1

      Main bhi jhansi se hoon

    • @manasrai4501
      @manasrai4501 2 місяці тому +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 11 днів тому

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

    • @vipulchaturvedi
      @vipulchaturvedi 11 днів тому

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

  • @amaranthswami2577
    @amaranthswami2577 2 місяці тому +31

    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 Місяць тому +3

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

    • @amaranthswami2577
      @amaranthswami2577 Місяць тому

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

    • @kartikeyasinha7793
      @kartikeyasinha7793 Місяць тому +3

      @@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 💀

  • @pratikgiri672
    @pratikgiri672 2 місяці тому +16

    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.

  • @avikmandal8578
    @avikmandal8578 2 місяці тому +727

    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 місяці тому +92

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

    • @Elamado97
      @Elamado97 2 місяці тому +9

      Brokers don't buy most of the flats

    • @fnamelname4146
      @fnamelname4146 2 місяці тому +19

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

    • @Uditro
      @Uditro 2 місяці тому

      Bro that's market who puts more gets more

    • @kokohustle_com
      @kokohustle_com 2 місяці тому

      @@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.

  • @swadeshbharadwaj5217
    @swadeshbharadwaj5217 2 місяці тому +184

    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 місяці тому +1

      exactly!

    • @swadeshbharadwaj5217
      @swadeshbharadwaj5217 2 місяці тому

      @@oshinmittal4183 🐐

    • @mov_23
      @mov_23 2 місяці тому +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 місяці тому

      @@mov_23 agreed?

  • @AdnanAhmed-cp2fz
    @AdnanAhmed-cp2fz 2 місяці тому +101

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

    • @loma7652
      @loma7652 Місяць тому +13

      Poor people doesn't try to hardwork to become rich

    • @gs_car.spotter
      @gs_car.spotter Місяць тому +2

      Capitalism is the best

    • @WilliamLi-nd4lz
      @WilliamLi-nd4lz Місяць тому +1

      capitalism works. Try me, I dare u

    • @juliuscaesar564
      @juliuscaesar564 25 днів тому

      Saari capitalist countries are far far better than india

    • @mudaliarnaresh6519
      @mudaliarnaresh6519 20 днів тому

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

  • @diponkonar7101
    @diponkonar7101 2 місяці тому +15

    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

  • @MyMusicAsSulagna
    @MyMusicAsSulagna 2 місяці тому +242

    2:14 my materialistic aspiration: hardcover books

  • @nooousername
    @nooousername 2 місяці тому +429

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

    • @fnamelname4146
      @fnamelname4146 2 місяці тому +39

      And some farmers also

    • @its4uu
      @its4uu 2 місяці тому +9

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

    • @Tousiftak
      @Tousiftak 2 місяці тому +27

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

    • @offred6013
      @offred6013 2 місяці тому +3

      ​@@fnamelname4146most of them r netas nd babus

    • @batmanbillions
      @batmanbillions 2 місяці тому +1

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

  • @bhaveshg1000
    @bhaveshg1000 2 місяці тому +6

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

  • @sparshjain5989
    @sparshjain5989 2 місяці тому +3

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

  • @souravyadav5307
    @souravyadav5307 2 місяці тому +617

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

    • @chetananand7783
      @chetananand7783 2 місяці тому +10

      true🤣🤣

    • @laba3423
      @laba3423 2 місяці тому +2

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

    • @Karjbtz1
      @Karjbtz1 2 місяці тому

      ​@@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

  • @SonyRoy
    @SonyRoy 2 місяці тому +281

    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 місяці тому +44

      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 місяці тому +1

      Which ministry? 😅

    • @Strong_lama
      @Strong_lama 2 місяці тому +14

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

    • @SonyRoy
      @SonyRoy 2 місяці тому +2

      @@Priyanshuyadav-cf4kp Cabinet Secretariat

    • @SonyRoy
      @SonyRoy 2 місяці тому

      @@Strong_lama of course it's per person.

  • @AmarBongo123
    @AmarBongo123 2 місяці тому +16

    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.

  • @firdos1069
    @firdos1069 2 місяці тому +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.

  • @GD-mw1kd
    @GD-mw1kd 2 місяці тому +894

    1% club
    बाकी 99% लोग चुप चाप video देखो

    • @x-yz111
      @x-yz111 2 місяці тому +15

      Gazab bhai😅

    • @prathamr6733
      @prathamr6733 2 місяці тому +10

      Sahi baat boli bhai

    • @AnweR-AmmaR
      @AnweR-AmmaR 2 місяці тому +3

      😂

    • @navnathphadtare8997
      @navnathphadtare8997 2 місяці тому +4

      I don't understand

    • @Terrinist
      @Terrinist 2 місяці тому

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

  • @hmoondra2
    @hmoondra2 2 місяці тому +33

    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 Місяць тому

      Totally agreed 💯 have personally seen this in Vapi

    • @Z71990
      @Z71990 24 дні тому

      I never heard of Vapi city

  • @rajat4urasiya
    @rajat4urasiya 2 місяці тому +1

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

  • @shubhamchande4360
    @shubhamchande4360 Місяць тому

    What an amazing video. Much Valuable ❤. Good work

  • @sujanmaharjan5838
    @sujanmaharjan5838 2 місяці тому +319

    Sivaji : The Boss was right

  • @sudhitpanchal4996
    @sudhitpanchal4996 2 місяці тому +5

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

  • @TheCompoundingMagic
    @TheCompoundingMagic 2 місяці тому +2

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

  • @srush170
    @srush170 2 місяці тому +61

    Last few lines put us into deep thinking 💀

    • @rohankumar9034
      @rohankumar9034 2 місяці тому +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

  • @PositivelyPresent1
    @PositivelyPresent1 2 місяці тому +159

    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… ❤️

  • @adnankureshi1540
    @adnankureshi1540 2 місяці тому +1

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

  • @NaitriTejani
    @NaitriTejani 2 місяці тому +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.

  • @nachiketmore3375
    @nachiketmore3375 2 місяці тому +75

    bro your droping straightup DOCUMENTRIES!! great work

  • @shivavemula5440
    @shivavemula5440 2 місяці тому +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

  • @saileekalekar708
    @saileekalekar708 2 місяці тому

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

  • @PRIYASINGH-ru5dc
    @PRIYASINGH-ru5dc 2 місяці тому +4

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

  • @saptarishimehta1943
    @saptarishimehta1943 2 місяці тому +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 місяці тому

      Ur description is excellent

  • @sahilsingh6048
    @sahilsingh6048 2 місяці тому +35

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

  • @Ayush12345654321
    @Ayush12345654321 2 місяці тому

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

  • @Leo-ld3oy
    @Leo-ld3oy 2 місяці тому

    Amazing video, well explained ❤ keep going

  • @KAABBO
    @KAABBO 2 місяці тому +532

    Mukesh Ambani is playing The Godfather

  • @sonalil7795
    @sonalil7795 2 місяці тому +22

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

  • @priyanshudey1004
    @priyanshudey1004 2 місяці тому +13

    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 Місяць тому +1

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

  • @bhaveshvispute4283
    @bhaveshvispute4283 2 місяці тому +2

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

  • @vivek-420
    @vivek-420 2 місяці тому +95

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

    • @OwaisKumar-se8dm
      @OwaisKumar-se8dm 2 місяці тому +6

      Sit down

    • @AmanKumar-wh8tk
      @AmanKumar-wh8tk 2 місяці тому

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

  • @rudrakshsharma1066
    @rudrakshsharma1066 2 місяці тому +13

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

  • @user-hh8fy1zx4x
    @user-hh8fy1zx4x 2 місяці тому +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.

  • @kittukrishna8788
    @kittukrishna8788 Місяць тому

    Just Brilliant, Covering many Points!!

  • @prithwishghosh8245
    @prithwishghosh8245 2 місяці тому +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

  • @incognalaccoun4942
    @incognalaccoun4942 2 місяці тому +33

    21:42 Deep 😮

  • @sarthak268
    @sarthak268 Місяць тому +1

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

  • @ankitcansal6063
    @ankitcansal6063 Місяць тому +2

    i was never expecting that ending.

  • @sickomode6440
    @sickomode6440 2 місяці тому +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 місяці тому +15

      sarthak ka video dekha na tune 🤣

    • @nerdy_v4x
      @nerdy_v4x 2 місяці тому +8

      sarthak bhai ki video😂🛐

    • @Mystic2203
      @Mystic2203 2 місяці тому +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 місяці тому +8

      @@Mystic2203 You are completely wrong

    • @Dstrfdddddv
      @Dstrfdddddv 2 місяці тому

      Won't agree with you ​@@Mystic2203

  • @omanyte9972
    @omanyte9972 2 місяці тому +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.

  • @ududayan98
    @ududayan98 2 місяці тому +1

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

  • @doubless3513
    @doubless3513 2 місяці тому

    Thank you so much bhaiya, very knowledgeable full video ❤

  • @aspirer47
    @aspirer47 2 місяці тому +13

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

    • @wohooooo7613
      @wohooooo7613 2 місяці тому +2

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

    • @user-SkmBeats
      @user-SkmBeats 2 місяці тому

      r u mad LOL @@wohooooo7613

    • @johnlove2954
      @johnlove2954 2 місяці тому

      😂

  • @thedark12891
    @thedark12891 2 місяці тому +671

    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 місяці тому +87

      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 місяці тому +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 місяці тому +107

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

    • @harshbatra9873
      @harshbatra9873 2 місяці тому +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 місяці тому +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.

  • @saransh.agarwal
    @saransh.agarwal 2 місяці тому +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

  • @shouhambanerjee8991
    @shouhambanerjee8991 2 місяці тому

    what a great piece of work!! Hats off MOHAK!

  • @noonaastrid9407
    @noonaastrid9407 2 місяці тому +30

    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 місяці тому +2

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

  • @manav.design
    @manav.design 2 місяці тому +278

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

    • @AnkitYadav-rj8ml
      @AnkitYadav-rj8ml 2 місяці тому +1

      😂

    • @koushikreddy2627
      @koushikreddy2627 2 місяці тому

      @@AnkitYadav-rj8ml y bro

    • @official...Akonsu29
      @official...Akonsu29 2 місяці тому

      What was the title before

    • @official...Akonsu29
      @official...Akonsu29 2 місяці тому +1

      And thumbnail

    • @Terrinist
      @Terrinist 2 місяці тому

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

  • @ashishkannaujiya3443
    @ashishkannaujiya3443 2 місяці тому

    Amazing video, every minute of the video has added the value and we'll researched video...

  • @summerhill5784
    @summerhill5784 2 місяці тому +1

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

  • @souviksikdar1864
    @souviksikdar1864 2 місяці тому +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.

  • @vishnupradeep7897
    @vishnupradeep7897 2 місяці тому

    Very much informative...Nice way of Presentation bro🔥

  • @user-iz7gb3bw6c
    @user-iz7gb3bw6c 2 місяці тому +1

    Such a great content 👏 hats of to you 👏 🙌

  • @dainiu
    @dainiu 2 місяці тому +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 місяці тому +7

      5 trillion 🎉🎉🎉🎉

    • @AkashVerma-hq8nz
      @AkashVerma-hq8nz 2 місяці тому +1

      @@joydeepchakraborty8023SPEAK ABOUT SANDESHKHALI AND SHAHJAHAN SHEIKH

    • @dhananjayrana6222
      @dhananjayrana6222 2 місяці тому +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 місяці тому +3

      African countries be like :- These are childish numbers

    • @shreykumar7975
      @shreykumar7975 2 місяці тому +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

  • @kataruchitraketh
    @kataruchitraketh 2 місяці тому +139

    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 місяці тому +6

      I don't agree

    • @brascoperryjoe6425
      @brascoperryjoe6425 2 місяці тому

      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 місяці тому +9

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

    • @ayushnews5735
      @ayushnews5735 2 місяці тому +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 місяці тому +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-dm6rk5gi1n
    @user-dm6rk5gi1n 2 місяці тому

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

  • @kartikdubey6119
    @kartikdubey6119 2 місяці тому

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

  • @Dstar-km9fi1hs2j
    @Dstar-km9fi1hs2j 2 місяці тому +101

    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 місяці тому +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 місяці тому +2

      Lol what 🤣

    • @riflebird4842
      @riflebird4842 2 місяці тому +8

      Wealth distribution is more important than some people getting rich

    • @khushboosoni7048
      @khushboosoni7048 2 місяці тому +4

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

    • @noterenyega9158
      @noterenyega9158 2 місяці тому +8

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

  • @manofvission
    @manofvission 2 місяці тому +22

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

    • @kokohustle_com
      @kokohustle_com 2 місяці тому +7

      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 місяці тому +1

      Then focus on startup after MBA.

    • @KRISH57676
      @KRISH57676 2 місяці тому

      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 місяці тому

      @@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).

  • @LizaSingh-fn3eq
    @LizaSingh-fn3eq 2 місяці тому +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

  • @user-uw6tc7yj8c
    @user-uw6tc7yj8c 2 місяці тому +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?

  • @Abhishekishere
    @Abhishekishere 2 місяці тому +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 місяці тому +18

      Ca Student Spotted

    • @x87-64
      @x87-64 2 місяці тому +1

      okay how do i learn all this?

    • @_chandrakant_3110
      @_chandrakant_3110 2 місяці тому

      ​@@x87-64 CA krlo 🤣🤣

    • @AbhishekSingh-ul3im
      @AbhishekSingh-ul3im 2 місяці тому

      ​@@x87-64 read income tax

    • @akshat4607
      @akshat4607 2 місяці тому

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

  • @anmolkasaundhan
    @anmolkasaundhan 2 місяці тому

    amazing analysis bro! 👍♥️

  • @rimaduttachowdhury6959
    @rimaduttachowdhury6959 2 місяці тому

    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.

  • @windows-zm2cj
    @windows-zm2cj 2 місяці тому +5

    This is the starting of Indian era
    Economy is growing India

  • @hungrylearner9110
    @hungrylearner9110 2 місяці тому +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

    • @HSM970
      @HSM970 2 місяці тому

      Hm

    • @Mrjollly828
      @Mrjollly828 2 місяці тому

      Yess

    • @TERMINATOR68576
      @TERMINATOR68576 Місяць тому

      Mere family mai 3 log hai mai mere papa aur meri mummy and they both earn approx 4 lakh a month and i do nothing because i am only 16 years old. So i am little rich i guess.😮

  • @sendmepicofher5412
    @sendmepicofher5412 2 місяці тому

    learned a lot and took some life lessons, thx brother pls make more informative videos

  • @rochitgajpure5530
    @rochitgajpure5530 2 місяці тому

    What a informative video bro..
    Liked

  • @ApekshaShende-zs1cb
    @ApekshaShende-zs1cb 2 місяці тому +612

    Garib people attendance here😢

    • @deerajbhardwaj6244
      @deerajbhardwaj6244 2 місяці тому

      😂😂😂

    • @bidyutboruah9827
      @bidyutboruah9827 2 місяці тому +16

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

    • @mybeautifulcat7011
      @mybeautifulcat7011 2 місяці тому +8

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

    • @ApekshaShende-zs1cb
      @ApekshaShende-zs1cb 2 місяці тому

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

    • @ApekshaShende-zs1cb
      @ApekshaShende-zs1cb 2 місяці тому

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

  • @kevinsanghvi5928
    @kevinsanghvi5928 2 місяці тому +10

    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.

  • @AMohan-uk4cq
    @AMohan-uk4cq 2 місяці тому +1

    Mohak, Thank you for the video.

  • @JaisonRally
    @JaisonRally 10 днів тому

    Mohak Bhai, First time aapke channel par aaya and ye first video dekhi..
    Just one thing to say:- Salute hai bro
    Kya video hai yrr, amazing research, amazing explaination everything.
    Bhai fan ho gya ❤

  • @agx111
    @agx111 2 місяці тому +10

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

  • @Invisibly76
    @Invisibly76 2 місяці тому +6

    This clearly shows the economical disparity in India. 😢

  • @rolex6098
    @rolex6098 2 місяці тому

    Thankyou to you and your team research and effort❤️❤️......
    Can you make a dedicated video on 'fastest growing businesses in present time' please🙂

  • @REVIEWSONTHERUN
    @REVIEWSONTHERUN 2 місяці тому

    Very interesting! Thanks for sharing it. ✌️

  • @RavarsenBlogspot
    @RavarsenBlogspot 2 місяці тому +84

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

    • @pratykshgoel
      @pratykshgoel 2 місяці тому +115

      Convince generally unko kia jaata hai, jinke paas paisa ho

    • @budheswarrajdey5880
      @budheswarrajdey5880 2 місяці тому +8

      😂​@@pratykshgoel

    • @budheswarrajdey5880
      @budheswarrajdey5880 2 місяці тому +67

      ​@@pratykshgoel gareeb Bolne ka tarika thoda casual hai

    • @prince2.22
      @prince2.22 2 місяці тому +27

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

    • @pranavpandey6957
      @pranavpandey6957 2 місяці тому +15

      Bro thinks he spits 100cr for fun.

  • @Mikevik
    @Mikevik 2 місяці тому +3

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