While it is unfortunate that a large number of High Net Worth Individuals have left India and taken citizenship elsewhere, the number of HNIs in the country is continuously increasing.
The Rise of Affluent India report noted that the affluent segment — roughly 4% of India’s working-age population — has expanded 12 times faster than overall population in past 4 years.
Stop blaming the world for Pakistan’s problems. You cannot hate the West and also supplicate it for bailouts or apply for immigration. We are authors of our own misfortune.
It's hard to reconcile how bottom half of population makes up 64% of taxes on food & non-food items when most are either exempt, bought once in a few years, or not bought by poor.
There were 7.64 lakh dollar millionaires in India in 2019 according to Credit Suisse, but in the same year, just 3.16 lakh people in the country declared income of over $70,000.
The collusion between the new class of bureaucrats, politicians, businessmen and trade union bosses perpetuates itself partly because of the short-run benefits and partly because they see no way out of the system, wrote author MH Mody in 1980.
IAF is firming up plans to revamp airlift capabilities with medium transport aircraft that will be assembled in India & serve as its main workhorse. Embraer is leading contender as of now.
Looks like the author is completely oblivious to the realities of life in India. To claim that there are no issues of crowding, pollution etc is either ignorance or denial. Access to inexpensive good education, healthcare is a pipedream in India. Not only HNIs, even middle class blue collar and white collar workers aspire to leave India. Indian cities are a nightmare from which there is no waking up. Even after working hard the rewards wrt quality of life are simply not commensurate. The kind of stress and competition in India is unimaginable. Also considering the corruption, harassment and extortion that everyone faces, from authorities any surprise that people just wish to get out, HNIs or not.
Looks like the author is completely oblivious to the realities of life in India. To claim that there are no issues of crowding, pollution etc is either ignorance or denial. Access to inexpensive good education, healthcare is a pipedream in India. Not only HNIs, even middle class blue collar and white collar workers aspire to leave India. Indian cities are a nightmare from which there is no waking up. Even after working hard the rewards wrt quality of life are simply not commensurate. The kind of stress and competition in India is unimaginable. Also considering the corruption, harassment and extortion that everyone faces, from authorities any surprise that people just wish to get out, HNIs or not.