US EditionThe Indian Middle Class EMI Trap: A Cycle Of Aspiration And Societal Pressure!
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The Indian Middle Class EMI Trap: A Cycle Of Aspiration And Societal Pressure!
In the crowded streets of Indian cities, it is becoming increasingly common to spot young professionals with brand-new iPhones stepping out from small flats they barely pay for and into vehicles that consume half their monthly salary in installments. This is an odd fiscal situation for India’s modern middle class. The tragic fact is that …
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