Is India rich or poor?

[JohnSnow]

1 out of 10 in our neighbours or relatives have 10cr easily (more than 1 million $) these days in net assets..

Does that mean that average indian is secretly richer than the ratio of the americans?

Are there more millionaries in india than usa?

i read news once that even pani puri wala in mumbai has 40 cr properties

[kothavani]

Just now, JohnSnow said:

1 out of 10 in our neighbours or relatives have 10cr easily (more than 1 million $) these days in net assets..

Does that mean that average indian is secretly richer than the ratio of the americans?

You belong to richer family and community and you live in richer community bro andariki ala emi ledu

Also avergae indian nee circle tho compare cheyalevu kada

[jaijava]

selection bias ba.. nee suttuu unnavallanu chusi ala anukunte ela

[JohnSnow]

Just now, kothavani said:

You belong to richer family and community and you live in richer community bro andariki ala emi ledu

Also avergae indian nee circle tho compare cheyalevu kada

I asked question in general as i see many ppl even with chai business having a million worth of properties

[JohnSnow]

2 minutes ago, jaijava said:

selection bias ba.. nee suttuu unnavallanu chusi ala anukunte ela

ee madhya 10 C minimum aipoindhi baa ekkada chusina not just in my circle

[kothavani]

Just now, JohnSnow said:

I asked question in general as i see many ppl even with chai business having a million worth of properties

As you said lot of people have money but not sure it came close to america , ipdu ikada aatelast prathi okariki 8K car aithe untadi kada manam inka chala duram lo unam

[bostonbro]

Wait for 10 more years,

popultion will hit 2 billion

limited resources 

[jaijava]

1 minute ago, JohnSnow said:

ee madhya 10 C minimum aipoindhi baa ekkada chusina not just in my circle

ekkadekkada chustunnavu ba.. either in news or your friends/friends of friends circle ee kada?

[JohnSnow]

1 minute ago, bostonbro said:

Wait for 10 more years,

popultion will hit 2 billion

limited resources 

2 billion kashtam baa.. max 1.6 bil by 2040

[JohnSnow]

Just now, jaijava said:

ekkadekkada chustunnavu ba.. either in news or your friends/friends of friends circle ee kada?

ya but naa frnds lo andaru untaru kada..selective ga rich valle undalani ledhu ga

[JohnSnow]

2 minutes ago, kothavani said:

As you said lot of people have money but not sure it came close to america , ipdu ikada aatelast prathi okariki 8K car aithe untadi kada manam inka chala duram lo unam

ikkada car okate cheap baa..you can survive in india being jobless for 1 year, ikkada usa lo sontha illu unna 3 months kante jobless ga undalem

[bhaigan]

rich

[seematapakaya]

1 million in usa is worth more than 1 million in india . 

[bhaigan]

4 minutes ago, JohnSnow said:

1 out of 10 in our neighbours or relatives have 10cr easily (more than 1 million $) these days in net assets..

Does that mean that average indian is secretly richer than the ratio of the americans?

Are there more millionaries in india than usa?

i read news once that even pani puri wala in mumbai has 40 cr properties

Thats the reason BJP is saying why jobs ? sell pakoda's 

[JohnSnow]

Just now, seematapakaya said:

1 million in usa is worth more than 1 million in india . 

Did i read it wrong?

1 million dollars in india is a ticket to retirement at age of 30 itself..

here 1 million in 401k is peanuts for just hus n wife alone