There have been instances where we hear an industrialist gifting an aircraft to his wife on her birthday, some others gifting themselves a yacht when they feel like. These luxuries which the so called creme-da-la-creme call “high society” trademarks or “high society necessities” are good to look at from a global point of view. This can foresee that India is now a developing country with people who can, in theory, reach for the highest star or the deepest ocean. But is that all what you need to call India a developing country?
Doesn’t development mean that the politicians also take into view the development of the massive “middle class” which forms almost 80% of the population? Every year a new budget comes up from the economists and the finance ministry. But who do you think is really affected by that? It is by far only the “middle class” as they are the ones who suffer the burn of the hour. With the amount of money earned becoming equal to the amount of money spent to earn a livelihood by the “middle class” ; I am not sure how the survival of the fittest would take place in here.