chennaiweekly chennaiweekly
  • Business
  • Entertainment
  • Entrepreneur
  • Finance
  • Lifestyle
  • News
  • Science
  • Sports
  • Technology
  • World
Reading: “In Bengaluru, water costs ₹800.” Finfluencer challenges the ₹10 trillion hype
Share
Chennai WeeklyChennai Weekly
Font ResizerAa
  • Business
  • Entertainment
  • Entrepreneur
  • Finance
  • Lifestyle
  • News
  • Science
  • Sports
  • Technology
  • World
Search
  • Business
  • Entertainment
  • Entrepreneur
  • Finance
  • Lifestyle
  • News
  • Science
  • Sports
  • Technology
  • World
Have an existing account? Sign In
© 2025 Chennai Weekly. All Rights Reserved.
Finance

“In Bengaluru, water costs ₹800.” Finfluencer challenges the ₹10 trillion hype

Sameer Batra
Last updated: May 11, 2025 7:26 pm
Sameer Batra
Share
SHARE

Last year, a 6,000-liter water tanker in Bengaluru cost ₹500. It is almost ₹800 now. Akshat Shrivastava, the creator of Wisdom Hatch and a well-known influencer, believes that this 60% increase in just a year explains why the average Indian feels impoverished despite news reports about GDP growth and higher earnings.

He comments, “You feel impoverished because the price of necessities has skyrocketed.” Children’s schooling costs are increasing by 15–20%, medical inflation is at 14%, and cellphone expenses alone may increase by another 20% this year. Furthermore, he asserts that the root cause is structural rather than merely economic. “Corruption is the main cause.”

Shrivastava wonders why those who pay high taxes are nevertheless compelled to purchase necessities like water. He points out that “you should not even be paying for a water tanker to begin with.” “When people are paying high taxes, water seems like a basic right.”

Education is no exception. “You should expect free (or subsidized) high-quality education for your children if you have been paying direct taxes for years. However, all of this money is used for political corruption,” he continues. Any amount can be used, such as the prediction that our economy will grow to $10 trillion or more. The fact is that it makes no difference. Access to essential services at a reasonable cost is what counts.

His case is only strengthened by the evidence. In 2025, salary increases in India are anticipated to average 9.2 to 9.5%, while inflation is predicted to be approximately 3.6%. That translates to a moderate real salary gain of 4% on paper. However, growing healthcare, housing, education, and utility expenses are surpassing wage gains for the middle class.

Top performers are only earning a 1–3 percentage point increase, while the majority of employees are receiving raises that are roughly in line with inflation, according to industry analysts. As a result, basic expenses are taking up a greater percentage of household income and discretionary spending is declining.

Shrivastava comes to the conclusion that “your salary will continue to grow slower than the growth rate of necessary services.” “And people get poorer because of this.”

 

Subscribe to Our Newsletter
Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
TAGGED:"In Bengaluruwater costs ₹800." Finfluencer challenges the ₹10 trillion hype
Share This Article
Email Copy Link Print
Previous Article According to the data, 50% of US visa cancellations originate from Indian students, making them the most affected group.
Next Article The Nubia Z70S Ultra Photographer Edition’s release date, design, and color options have been revealed.
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Editor's Pick

Dr. Nilesh Madhukar Rane

Honoring Excellence: Dr. Nilesh Madhukar Rane Receives Atal Bharat Gaurav Award

Dr. Nilesh Madhukar Rane was honored with the prestigious national award "Atal Bharat Gaurav", which is given in the name…

By Sahil Mittal
1 Min Read
Sanskriti Styles Studio Unveils Indo-Western Fusion Collection, Empowering Global Women to Redefine Tradition

Sanskriti Styles Studio, a premier online destination for authentic Indian fashion, today…

4 Min Read
Kalki Sena’s Counter Terrorist Combat Course: Merging Education, Dharma, and National Readiness

The graduation of Kalki Sena’s Counter Terrorist Combat Course 2025 at the…

7 Min Read

Most Viewed Stories

Sanskriti Styles Studio Unveils Indo-Western Fusion Collection, Empowering Global Women to Redefine Tradition

Sanskriti Styles Studio, a premier online destination for authentic Indian…

October 17, 2025

Kalki Sena’s Counter Terrorist Combat Course: Merging Education, Dharma, and National Readiness

The graduation of Kalki Sena’s Counter…

October 16, 2025

PHCareTech Strengthens ‘Vocal for Local’ Commitment with Specialized Healthcare Digital Solutions

GHAZIABAD, India – PHCareTech, the innovative…

September 18, 2025

Grand Medical Corporation Deploys Advanced Medical Equipment Infrastructure Across Delhi, Noida, Gurgaon, Ghaziabad, Faridabad, and Chandigarh with Integrated Technology Ecosystem

Grand Medical Corporation, India’s largest stockist…

September 12, 2025

Why NexGen Trading Academy is India’s Most Trusted Trading Institute

The world of financial markets can…

September 10, 2025

You Might Also Like

Finance

Check out everything that SBI Mutual Fund added in March as it adjusted its portfolio with significant stock movements.

SBI Mutual Fund, the largest fund house in India, reported an Assets Under Management (AUM) of Rs 10.67 lakh crore…

4 Min Read
Finance

Using Becquer’s on-site solar power, protect and increase market share in the wake of tariff wars with extremely low power costs.

With a running cost of Rs. 20-30 paise per unit of electricity from becquer’s onsite solar hardware that can be…

4 Min Read
Finance

Donald Ducks: Can India implement new policies to increase trade and manufacturing during the 90-day tariff pause?

over 10 countries, including the US. THIS COMES AMID US PRESIDENT DONALD TRUMP’S SALVO OF “RECIPROCAL” TARIFFS FOR MOST countries.…

1 Min Read
Finance

PhonePe wants to be valued at $15 billion before its initial public offering (IPO).

In a significant step toward its planned initial public offering (IPO), fintech giant PhonePe, a major participant in India's digital…

3 Min Read
chennaiweekly

About us

ChennaiWeekly.com is your trusted digital gateway to the vibrant pulse of Tamil Nadu’s capital and beyond. Established with a commitment to delivering timely, accurate, and insightful news.

Main Links

  • Business
  • Entertainment
  • Entrepreneur
  • Finance
  • Lifestyle

Main Catgories

  • News
  • Science
  • Sports
  • Technology
  • World

All Pages

  • About
  • Contact
  • Disclaimer
  • Terms & Conditions

More

  • Privacy Policy
  • Advertising Policy
  • Content Policy

© 2025 Chennai Weekly. All Rights Reserved.

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?