Archive · 14 Aug 2025
Financial Planner Warns of India's Income Crisis
In India, there's a big difference in how much money people have.
A financial planner, D. Muthukrishnan, says the bottom 90% of people don't earn much compared to the top 10%.
This means the majority of people have less money to spend.
The overall income in India looks good, but for most people, it's like they have less money than people in countries like Pakistan.
Many people can only afford basic things, which shows there's a big gap between the rich and the poor, making it hard for many to live comfortably.
Financial planner D. Muthukrishnan highlights stark economic inequality in India.
The bottom 90% of Indians earn 43% of the national income.
Per capita GDP for the bottom 90% is $1,300, less than Sub-Saharan Africa and Pakistan.
150 million high earners create an illusion of prosperity.
Around 1 billion Indians have limited purchasing power, surviving on necessities and government support.
- Who
- D. Muthukrishnan, a Chennai-based financial planner.
- What
- D. Muthukrishnan warned about the income crisis in India.
- When
- August 13, 2025 (based on X post date)
- Where
- India
- Why
- To highlight the significant economic inequality and its impact on the majority of the population.
Advocates of Economic Reform
Supporters of Current Economic Model
Economic Priorities
Advocates of Economic Reform
Focus on bridging the economic divide and improving living standards for the majority.
Supporters of Current Economic Model
Maintain the status quo to support the growth of the wealthy class, assuming the wealth will trickle down to others eventually.
- National Per Capita GDP
- $2,700
- Per Capita GDP (Bottom 90%)
- $1,300
- Income Share (Top 10%)
- 57%
- Income Share (Bottom 90%)
- 43%
- Population with Zero Purchasing Power
- Approximately 1 billion