• TVgog56789@lemy.lolOP
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      8 months ago

      India even lags behind in manufacturing wrt Bangladesh and Vietnam too.

      Nothing surprising. Indian GDP is bloated with 6%+ inflation which their central bank considers normal. So cost of everything doubled every decade.

      But the wages are stagnant. There is 0% real wage growth in the last 10 years.

      Per capita income ranking is 129

      HDi ranking is 132

      Not even 1% percent Indians can afford a medical emergency.

      Corruption perception index only got worse.

      Under 25 unemployment is 44%

      People have every reason to be unhappy