Crazy Rich Indians

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  • čas přidán 3. 03. 2024
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Komentáře • 3K

  • @mohak_mangal
    @mohak_mangal  Před 3 měsíci +314

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

  • @dhirajgawande007
    @dhirajgawande007 Před 3 měsíci +4059

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

    • @HimanshuKumar-jk5bl
      @HimanshuKumar-jk5bl Před 3 měsíci +111

      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 Před 3 měsíci +297

      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 Před 3 měsíci +57

      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. Před 3 měsíci +66

      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 Před 3 měsíci +8

      Because our high population 😅

  • @dipagupta34
    @dipagupta34 Před 3 měsíci +5734

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

    • @ig-anmollakra
      @ig-anmollakra Před 3 měsíci +65

      Facts😊

    • @GopalPatel-cq1pp
      @GopalPatel-cq1pp Před 3 měsíci +42

      Ha bhai😮

    • @cbazxy2697
      @cbazxy2697 Před 3 měsíci +112

      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 Před 3 měsíci +6

      Us bro Us😢

    • @HEIIRO
      @HEIIRO Před 3 měsíci +6

      Exactly

  • @rishab_3.0
    @rishab_3.0 Před 3 měsíci +1651

    10% earn money
    90% proud to be indian

    • @aakasharya6918
      @aakasharya6918 Před 3 měsíci +156

      90% are bhakts😂

    • @zubantungoe
      @zubantungoe Před 2 měsíci +63

      True hard slap

    • @AbhigyanHShorts
      @AbhigyanHShorts Před 2 měsíci

      what bhakt?
      @@aakasharya6918

    • @swarnimkaushik
      @swarnimkaushik Před 2 měsíci +31

      ​@@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 Před 2 měsíci +22

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

  • @testandtrials
    @testandtrials Před 3 měsíci +325

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

    • @nationalist587
      @nationalist587 Před 2 měsíci +2

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

  • @MorganArthur2k18
    @MorganArthur2k18 Před 3 měsíci +3671

    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 Před 3 měsíci +90

      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 Před 3 měsíci +139

      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 Před 3 měsíci +100

      ​@@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 Před 3 měsíci +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 Před 3 měsíci +2

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

  • @tanmaydiwan2614
    @tanmaydiwan2614 Před 3 měsíci +2712

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

  • @rajesh-cm7bj
    @rajesh-cm7bj Před 3 měsíci +175

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

  • @priyanshudey1004
    @priyanshudey1004 Před 3 měsíci +52

    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 Před 2 měsíci +1

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

  • @Arijeet02
    @Arijeet02 Před 3 měsíci +1833

    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 Před 3 měsíci +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 Před 3 měsíci +6

      right man

    • @gurustudi0486
      @gurustudi0486 Před 3 měsíci

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

    • @whitewhite4462
      @whitewhite4462 Před 3 měsíci +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 Před 3 měsíci +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 Před 3 měsíci +416

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

    • @manasrai4501
      @manasrai4501 Před 3 měsíci +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 Před 3 měsíci +6

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

    • @vibgyor4909
      @vibgyor4909 Před 3 měsíci +2

      it was more before check the stats😂

    • @anishdey1189
      @anishdey1189 Před 3 měsíci +2

      india shining(hollow)😅

    • @manasrai4501
      @manasrai4501 Před 3 měsíci

      @@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

  • @harshverma3548
    @harshverma3548 Před 20 dny +17

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

    • @Anime_Watc29
      @Anime_Watc29 Před 5 dny

      1% never Protect their religion because it's not needed. We don't need to protect The gods as they are the one who made us. Have you ever seen a millionaire Doing Communal riots ? No, you wont

  • @ayushsubedi6445
    @ayushsubedi6445 Před 3 měsíci +75

    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 Před 3 měsíci +5

      Now I want to move to Dehradun.🥲

    • @KiranDevi-gc7jn
      @KiranDevi-gc7jn Před 3 měsíci +4

      By selling lands and by earning through rents

    • @nitesh1714
      @nitesh1714 Před měsícem

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

    • @deepankarbiswal6915
      @deepankarbiswal6915 Před 15 dny

      good for dehradun

    • @straykidsworlddomination333
      @straykidsworlddomination333 Před 7 dny

      Fr, there are so many new things coming. It's going to be a teir 1 city in no time :)

  • @altamashshaikh6751
    @altamashshaikh6751 Před 3 měsíci +904

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

    • @YourFuhrer1933
      @YourFuhrer1933 Před 3 měsíci +1

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

    • @fnamelname4146
      @fnamelname4146 Před 3 měsíci +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 Před 3 měsíci +1

      Do you think Amani will give you money 😂

    • @batmanbillions
      @batmanbillions Před 3 měsíci

      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 Před 3 měsíci

      ​@@Mahi_mar_rha_hai_07who is amani????

  • @avikmandal8578
    @avikmandal8578 Před 3 měsíci +741

    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 Před 3 měsíci +93

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

    • @Elamado97
      @Elamado97 Před 3 měsíci +9

      Brokers don't buy most of the flats

    • @fnamelname4146
      @fnamelname4146 Před 3 měsíci +20

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

    • @Uditro
      @Uditro Před 3 měsíci

      Bro that's market who puts more gets more

    • @kokohustle_com
      @kokohustle_com Před 3 měsíci

      @@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.

  • @ojaswidikshit
    @ojaswidikshit Před 3 měsíci +70

    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.

    • @ankansenapati3600
      @ankansenapati3600 Před 7 dny

      It's just real state mafias controlling the circle rate, no way mumbai could be more expensive than dubai, Chicago, Austin like cities

  • @VinayYadav-ji5cp
    @VinayYadav-ji5cp Před 3 měsíci +154

    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 Před 3 měsíci +7

      Yeah Man congratulaions I will also invest in gold in future

    • @mariavahora2089
      @mariavahora2089 Před 3 měsíci +6

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

    • @kamalkumar7978
      @kamalkumar7978 Před 3 měsíci +6

      Adani power from 112 to 568.

    • @VinayYadav-ji5cp
      @VinayYadav-ji5cp Před 3 měsíci +1

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

    • @ananya1384
      @ananya1384 Před 3 měsíci +10

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

  • @yourwellwisher582
    @yourwellwisher582 Před 3 měsíci +163

    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 Před 3 měsíci +1

      Main bhi jhansi se hoon

    • @manasrai4501
      @manasrai4501 Před 3 měsíci +9

      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 Před měsícem +1

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

    • @vipulchaturvedi
      @vipulchaturvedi Před měsícem

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

  • @nooousername
    @nooousername Před 3 měsíci +456

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

    • @fnamelname4146
      @fnamelname4146 Před 3 měsíci +38

      And some farmers also

    • @its4uu
      @its4uu Před 3 měsíci +10

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

    • @Tousiftak
      @Tousiftak Před 3 měsíci +29

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

    • @offred6013
      @offred6013 Před 3 měsíci +3

      ​@@fnamelname4146most of them r netas nd babus

    • @batmanbillions
      @batmanbillions Před 3 měsíci +1

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

  • @amaranthswami2577
    @amaranthswami2577 Před 3 měsíci +44

    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 Před 2 měsíci +4

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

    • @amaranthswami2577
      @amaranthswami2577 Před 2 měsíci +2

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

    • @kartikeyasinha7793
      @kartikeyasinha7793 Před 2 měsíci +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 💀

  • @AdnanAhmed-cp2fz
    @AdnanAhmed-cp2fz Před 3 měsíci +148

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

    • @loma7652
      @loma7652 Před 2 měsíci +17

      Poor people doesn't try to hardwork to become rich

    • @gs_car.spotter
      @gs_car.spotter Před 2 měsíci +2

      Capitalism is the best

    • @WilliamLi-nd4lz
      @WilliamLi-nd4lz Před 2 měsíci +1

      capitalism works. Try me, I dare u

    • @juliuscaesar564
      @juliuscaesar564 Před měsícem

      Saari capitalist countries are far far better than india

    • @mudaliarnaresh6519
      @mudaliarnaresh6519 Před měsícem

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

  • @souravyadav5307
    @souravyadav5307 Před 3 měsíci +638

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

    • @chetananand7783
      @chetananand7783 Před 3 měsíci +13

      true🤣🤣

    • @laba3423
      @laba3423 Před 3 měsíci +4

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

    • @Karjbtz1
      @Karjbtz1 Před 3 měsíci

      ​@@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

  • @GD-mw1kd
    @GD-mw1kd Před 3 měsíci +913

    1% club
    बाकी 99% लोग चुप चाप video देखो

    • @x-yz111
      @x-yz111 Před 3 měsíci +15

      Gazab bhai😅

    • @prathamr6733
      @prathamr6733 Před 3 měsíci +10

      Sahi baat boli bhai

    • @AnweR-AmmaR
      @AnweR-AmmaR Před 3 měsíci +3

      😂

    • @navnathphadtare8997
      @navnathphadtare8997 Před 3 měsíci +4

      I don't understand

    • @Terrinist
      @Terrinist Před 3 měsíci

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

  • @pratikgiri672
    @pratikgiri672 Před 3 měsíci +18

    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.

  • @diponkonar7101
    @diponkonar7101 Před 3 měsíci +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

  • @sujanmaharjan5838
    @sujanmaharjan5838 Před 3 měsíci +329

    Sivaji : The Boss was right

  • @MyMusicAsSulagna
    @MyMusicAsSulagna Před 3 měsíci +258

    2:14 my materialistic aspiration: hardcover books

  • @sudhitpanchal4996
    @sudhitpanchal4996 Před 3 měsíci +7

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

  • @sparshjain5989
    @sparshjain5989 Před 3 měsíci +4

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

  • @swadeshbharadwaj5217
    @swadeshbharadwaj5217 Před 3 měsíci +190

    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 Před 3 měsíci +1

      exactly!

    • @swadeshbharadwaj5217
      @swadeshbharadwaj5217 Před 3 měsíci

      @@oshinmittal4183 🐐

    • @mov_23
      @mov_23 Před 3 měsíci +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 Před 3 měsíci

      @@mov_23 agreed?

  • @KAABBO
    @KAABBO Před 3 měsíci +541

    Mukesh Ambani is playing The Godfather

  • @AmarBongo123
    @AmarBongo123 Před 3 měsíci +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.

  • @shubhamchande4360
    @shubhamchande4360 Před 2 měsíci +1

    What an amazing video. Much Valuable ❤. Good work

  • @srush170
    @srush170 Před 3 měsíci +62

    Last few lines put us into deep thinking 💀

    • @rohankumar9034
      @rohankumar9034 Před 3 měsíci +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

  • @bhaveshg1000
    @bhaveshg1000 Před 3 měsíci +6

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

  • @rajat4urasiya
    @rajat4urasiya Před 3 měsíci +2

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

  • @SonyRoy
    @SonyRoy Před 3 měsíci +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 Před 3 měsíci +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 Před 3 měsíci +1

      Which ministry? 😅

    • @Strong_lama
      @Strong_lama Před 3 měsíci +14

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

    • @SonyRoy
      @SonyRoy Před 3 měsíci +2

      @@Priyanshuyadav-cf4kp Cabinet Secretariat

    • @SonyRoy
      @SonyRoy Před 3 měsíci

      @@Strong_lama of course it's per person.

  • @ApekshaShende-zs1cb
    @ApekshaShende-zs1cb Před 3 měsíci +668

    Garib people attendance here😢

    • @deerajbhardwaj6244
      @deerajbhardwaj6244 Před 3 měsíci

      😂😂😂

    • @bidyutboruah9827
      @bidyutboruah9827 Před 3 měsíci +17

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

    • @mybeautifulcat7011
      @mybeautifulcat7011 Před 3 měsíci +8

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

    • @ApekshaShende-zs1cb
      @ApekshaShende-zs1cb Před 3 měsíci

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

    • @ApekshaShende-zs1cb
      @ApekshaShende-zs1cb Před 3 měsíci

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

  • @PRIYASINGH-ru5dc
    @PRIYASINGH-ru5dc Před 3 měsíci +4

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

  • @firdos1069
    @firdos1069 Před 3 měsíci +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.

  • @sahilsingh6048
    @sahilsingh6048 Před 3 měsíci +35

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

  • @nachiketmore3375
    @nachiketmore3375 Před 3 měsíci +76

    bro your droping straightup DOCUMENTRIES!! great work

  • @NaitriTejani
    @NaitriTejani Před 3 měsíci +4

    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.

  • @kevinsanghvi5928
    @kevinsanghvi5928 Před 3 měsíci +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.

  • @hmoondra2
    @hmoondra2 Před 3 měsíci +36

    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.

  • @harshagarwal3045
    @harshagarwal3045 Před 3 měsíci +99

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

    • @hey_you.
      @hey_you. Před 3 měsíci +1

      💯💯

    • @devanshgupta794
      @devanshgupta794 Před 3 měsíci

      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

  • @RajPatil-si5ly
    @RajPatil-si5ly Před měsícem +2

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

  • @sarthak268
    @sarthak268 Před 2 měsíci +1

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

  • @manav.033
    @manav.033 Před 3 měsíci +280

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

  • @sonalil7795
    @sonalil7795 Před 3 měsíci +24

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

  • @bhaveshvispute4283
    @bhaveshvispute4283 Před 3 měsíci +2

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

  • @TheCompoundingMagic
    @TheCompoundingMagic Před 3 měsíci +2

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

  • @PositivelyPresent1
    @PositivelyPresent1 Před 3 měsíci +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… ❤️

  • @aspirer47
    @aspirer47 Před 3 měsíci +14

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

  • @nitin5933
    @nitin5933 Před 4 dny

    Bro seriously muje bahut proud feel hua ke we still have a good quality informative content creators who are shaping the youth ability to grow and develop knowledge.
    Thankyou so much.

  • @TheCrochetGirl741
    @TheCrochetGirl741 Před 3 měsíci

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

  • @souviksikdar1864
    @souviksikdar1864 Před 3 měsíci +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.

  • @shivavemula5440
    @shivavemula5440 Před 3 měsíci +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

  • @shivdyutiverma8383
    @shivdyutiverma8383 Před 20 dny +4

    Keise ho gariboooo!!!!

  • @Mikevik
    @Mikevik Před 3 měsíci +4

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

  • @sickomode6440
    @sickomode6440 Před 3 měsíci +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 Před 3 měsíci +15

      sarthak ka video dekha na tune 🤣

    • @nerdy_v4x
      @nerdy_v4x Před 3 měsíci +8

      sarthak bhai ki video😂🛐

    • @Mystic2203
      @Mystic2203 Před 3 měsíci +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 Před 3 měsíci +8

      @@Mystic2203 You are completely wrong

    • @Dstrfdddddv
      @Dstrfdddddv Před 3 měsíci

      Won't agree with you ​@@Mystic2203

  • @vivek-420
    @vivek-420 Před 3 měsíci +95

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

    • @AmanKumar-wh8tk
      @AmanKumar-wh8tk Před 3 měsíci

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

  • @sarthakbhardwaj659
    @sarthakbhardwaj659 Před 3 měsíci

    Your storytelling cannot be beaten. Well researched and spot on

  • @PODCAST_WITH_DEV
    @PODCAST_WITH_DEV Před měsícem +1

    Great Information thanks Mohak

  • @noonaastrid9407
    @noonaastrid9407 Před 3 měsíci +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 Před 3 měsíci +2

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

  • @incognalaccoun4942
    @incognalaccoun4942 Před 3 měsíci +34

    21:42 Deep 😮

  • @rimaduttachowdhury6959
    @rimaduttachowdhury6959 Před 3 měsíci

    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.

  • @kittukrishna8788
    @kittukrishna8788 Před 2 měsíci

    Just Brilliant, Covering many Points!!

  • @thedark12891
    @thedark12891 Před 3 měsíci +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 Před 3 měsíci +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 Před 3 měsíci +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 Před 3 měsíci +108

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

    • @harshbatra9873
      @harshbatra9873 Před 3 měsíci +47

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

    • @username_0_0
      @username_0_0 Před 3 měsíci +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.

  • @saptarishimehta1943
    @saptarishimehta1943 Před 3 měsíci +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 Před 3 měsíci

      Ur description is excellent

  • @LizaSingh-fn3eq
    @LizaSingh-fn3eq Před 3 měsíci +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

  • @Ayush12345654321
    @Ayush12345654321 Před 3 měsíci

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

  • @kataruchitraketh
    @kataruchitraketh Před 3 měsíci +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 Před 3 měsíci +6

      I don't agree

    • @brascoperryjoe6425
      @brascoperryjoe6425 Před 3 měsíci

      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 Před 3 měsíci +9

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

    • @ayushnews5735
      @ayushnews5735 Před 3 měsíci +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 Před 3 měsíci +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.

  • @shouhambanerjee8991
    @shouhambanerjee8991 Před 2 měsíci

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

  • @shubhampadhy7324
    @shubhampadhy7324 Před 2 měsíci +1

    I really appreciate your team's work🙂

  • @prithwishghosh8245
    @prithwishghosh8245 Před 3 měsíci +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

  • @Dstar-km9fi1hs2j
    @Dstar-km9fi1hs2j Před 3 měsíci +102

    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 Před 3 měsíci +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 Před 3 měsíci +2

      Lol what 🤣

    • @riflebird4842
      @riflebird4842 Před 3 měsíci +8

      Wealth distribution is more important than some people getting rich

    • @khushboosoni7048
      @khushboosoni7048 Před 3 měsíci +4

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

    • @noterenyega9158
      @noterenyega9158 Před 3 měsíci +8

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

  • @saileekalekar708
    @saileekalekar708 Před 3 měsíci

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

  • @fahadmohammed1340
    @fahadmohammed1340 Před měsícem

    U explain really well bro , hats off to your hardwork

  • @omanyte9972
    @omanyte9972 Před 3 měsíci +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.

  • @rudrakshsharma1066
    @rudrakshsharma1066 Před 3 měsíci +13

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

  • @saransh.agarwal
    @saransh.agarwal Před 3 měsíci +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

  • @ankitcansal6063
    @ankitcansal6063 Před 2 měsíci +2

    i was never expecting that ending.

  • @dainiu
    @dainiu Před 3 měsíci +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 Před 3 měsíci +7

      5 trillion 🎉🎉🎉🎉

    • @AkashVerma-hq8nz
      @AkashVerma-hq8nz Před 3 měsíci +1

      @@joydeepchakraborty8023SPEAK ABOUT SANDESHKHALI AND SHAHJAHAN SHEIKH

    • @dhananjayrana6222
      @dhananjayrana6222 Před 3 měsíci +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 Před 3 měsíci +3

      African countries be like :- These are childish numbers

    • @shreykumar7975
      @shreykumar7975 Před 3 měsíci +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

  • @windows-zm2cj
    @windows-zm2cj Před 3 měsíci +5

    This is the starting of Indian era
    Economy is growing India

  • @doubless3513
    @doubless3513 Před 3 měsíci

    Thank you so much bhaiya, very knowledgeable full video ❤

  • @kartikdubey6119
    @kartikdubey6119 Před 3 měsíci

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

  • @RavarsenBlogspot
    @RavarsenBlogspot Před 3 měsíci +84

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

    • @pratykshgoel
      @pratykshgoel Před 3 měsíci +117

      Convince generally unko kia jaata hai, jinke paas paisa ho

    • @budheswarrajdey5880
      @budheswarrajdey5880 Před 3 měsíci +8

      😂​@@pratykshgoel

    • @budheswarrajdey5880
      @budheswarrajdey5880 Před 3 měsíci +68

      ​@@pratykshgoel gareeb Bolne ka tarika thoda casual hai

    • @prince2.22
      @prince2.22 Před 3 měsíci +28

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

    • @pranavpandey6957
      @pranavpandey6957 Před 3 měsíci +15

      Bro thinks he spits 100cr for fun.

  • @manofvission
    @manofvission Před 3 měsíci +22

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

    • @kokohustle_com
      @kokohustle_com Před 3 měsíci +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 Před 3 měsíci +1

      Then focus on startup after MBA.

    • @KRISH57676
      @KRISH57676 Před 3 měsíci

      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 Před 3 měsíci

      @@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).

  • @summerhill5784
    @summerhill5784 Před 3 měsíci +1

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

  • @shobhittaneja3831
    @shobhittaneja3831 Před 2 měsíci

    Beautifully explained 👌👌

  • @agx111
    @agx111 Před 3 měsíci +11

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

  • @Abhishekishere
    @Abhishekishere Před 3 měsíci +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 Před 3 měsíci +18

      Ca Student Spotted

    • @x87-64
      @x87-64 Před 3 měsíci +1

      okay how do i learn all this?

    • @_chandrakant_3110
      @_chandrakant_3110 Před 3 měsíci

      ​@@x87-64 CA krlo 🤣🤣

    • @AbhishekSingh-ul3im
      @AbhishekSingh-ul3im Před 3 měsíci

      ​@@x87-64 read income tax

    • @akshat4607
      @akshat4607 Před 3 měsíci

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

  • @REVIEWSONTHERUN
    @REVIEWSONTHERUN Před 3 měsíci

    Very interesting! Thanks for sharing it. ✌️

  • @vishnupradeep7897
    @vishnupradeep7897 Před 2 měsíci

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

  • @Invisibly76
    @Invisibly76 Před 3 měsíci +6

    This clearly shows the economical disparity in India. 😢

  • @user-uw6tc7yj8c
    @user-uw6tc7yj8c Před 3 měsíci +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?

  • @bhookhakela
    @bhookhakela Před 2 měsíci

    Phenomenal use of statistics to draw interesting conclusions Loved every second of it

  • @ashishkannaujiya3443
    @ashishkannaujiya3443 Před 3 měsíci

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

  • @FaizanShaikh-pp1kg
    @FaizanShaikh-pp1kg Před 3 měsíci +8

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