You Are Not Middle Class - The Income Distribution of India - FutureIQ

Income and wealth distribution in India. If you think you're middle class or it takes a tremendous amount of wealth to become the top 1% of India by income, chances are, you're wrong by a huge margin. This is because of the lack of information about the wealth distribution in India. To understand whether India is a rich country or poor, we need to consider the average family income, what exactly are middle class and many such things. That's why, in this FutureIQ episode, we decided to break down the actual data for you and help you understand the reality of the unequal wealth distribution in India. Hope you enjoyed FutureIQ by Navin Kabra and Shrikant Joshi. Do hit us up on Twitter: @ngkabra http://twitter.com/ngkabra @shrikant https://twitter.com/shrikant Listen it on the podcast provider of your choice: https://tapthe.link/FutureIQRSS Watch other episodes of The FutureIQ podcast: https://www.youtube.com/playlist?list=PLAppTB0r5_TaYueZ0adD42Wiw5X-wTE4v More videos for you: Why Women in India Don't Work: https://youtu.be/x7i4tUFNb80 Universal Basic Income: https://youtu.be/5-cjjC46Oxg Map is not the territory: https://youtu.be/qxEi0sz4oL8 The real reason behind India’s population: https://youtu.be/Sjur6Bu30YM Bhagavad Gita lesson: https://youtu.be/95Zi_4OthbY The problem with India’s English: https://youtu.be/P4TcPyEt1fg Cool facts about India’s food: https://youtu.be/J1ECp8OmsxA Chapters: 00:00 Introduction 00:55 The background 02:43 Facts 03:23 The average 06:10 The real India 07:15 The current state 09:04 Big cities 10:10 More facts 11:10 Loans 14:30 Middle class 16:00 Poverty 18:28 Objections 20:12 The poverty line 21:08 Key takeaways #futureIQ #realitycheck