India's Economic Strata

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Darthcoder said:
^^ And more recently, the "5k Jeans are cheap" thread :D
And the infamous X1900XTX thread. :D

For the initiated, he is related to Aarushi Talwar. Her cousin IINM.
 
Less than 6 lacs PA and lower class. That is some news for me.

your statistics are based on gross miss-assumptions and shall i dare say because of bookish thought process ... lol.

nothing personal... just saying :).

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Damn just noticed, OP said 40 lacs - 2 crores is upper middle class and he claims to be not near affluent line, which is above 2 crores.
Now I see where this garbage is coming from ... lulz.
So with more than a crore in income you belong to a upper middle class family.
Bravo, hats off to you Sire.

*smack* /slaps OP with a dose of reality, courtesy rest of the posters on this thread. :D

Welcome to real world Sir.

I would like to have 4 mins of my life back.

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Darthcoder said:
^^ And more recently, the "5k Jeans are cheap" thread :D
Damn, did I miss some Drama.

Who was this genius BTW?
 
I was happily living as a middle class till i read this thread :@
Now i should go jump somewhere for not being even that :ashamed:
 
with the above classification its no wonder our politicians are gobbling all the money they can to stay atleast in the upper middle class :rofl:
 
Wow! You posted this crap again! I remember you had the same post long back.

Dude, either you start opening you eyes and stop living in some other world or stop posting such crap nonsense. :|
 
rite said:
Hi

This is IMO, would like to know your opinions.

I am talking of gross family annual income (before tax)

Lower Class
<6 lacs <$12k or poverty line
(Insufficient for most purposes)

Lower Middle Class
6-15 lacs $12-$30k
Lower level employees(A 25 year old is more like a fresher with just a few years exp, so his family income needs to include his parents income too)

Middle Class
15-40 lacs $30-$80
Average professionals

Upper Middle Class
40 lacs - 2 crores $80 - $500k
Well of executives/professionals

Affluent/Borderline Rich
2cr-6cr $500k - $1.5million
Rich CEOs/Executives, richest doctors/lawyers etc

Rich/Upper Class
6cr OR Net Worth 100cr OR Cash assets worth 50cr $1.5 million or $25 milloin
Handful of people in top cities like Delhi

Super Rich/India's Richest
24cr OR Net Worth 1000cr OR Cash Assets worth 250cr $6million $250 million
Handful of people in the country

And I am not basting because my family doesn't even make it to the Affluent level, and we aren't even anywhere near close to that.

This just my IMO and would like to know your opinions about the same.

Evidently these are US rates, you would be poor if you earned only $12k/year thats like their BPL figure.

But why would you choose to apply them in India :huh:
 
@op

oh man when will i ever become rich?.In your criteria I dont think in this lifetime or another 10 lifetimes.
 
archish said:
with the above classification its no wonder our politicians are gobbling all the money they can to stay atleast in the upper middle class :rofl:

^ damn! no wonder. they must have met op somewhere and listened to his classifications and become sad instantly.

i've decided i should become a politician now to jump into the affluent category. :P
 
then when I will be rich :huh:

and that Jeans thread was roflcopter :rofl::rofl::rofl:

seriously it made my evening :ohyeah:
 
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