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What we don’t often hear about in the mainstream media is the growing wealth gaps that are destroying the middle class all around the world. This is especially true for India, which has the third largest number of billionaires in the world after the US and China. But did you know that the richest 1% of Indians own over 40% of the country’s total wealth? How do ordinary Indians feel about this wealth gap and their top 1%? Our Asian Boss reporter hit the streets of Delhi to get some local insight.
*The opinions expressed in this video are those of individual interviewees alone and do not reflect the views of ASIAN BOSS or the general Indian population.*
0:00 - Intro
0:43 - What’s your income?
2:10 - Is India’s average income enough to live on?
3:02 - How bad is wealth inequality in India?
4:27 - Reactions to 1% of Indians holding 40% of the country’s wealth
5:55 - Are most rich Indians self-made or from generational wealth?
6:57 - Can hard work alone make poor Indians rich?
9:03 - Personal stories that highlight India’s wealth gap
10:08 - Do you envy or look up to rich Indians?
11:07 - Do rich Indians often show off their wealth?
13:26 - Why is India’s wealth gap so big?
15:10 - What can be done to reduce India’s wealth gap?
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