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

IAMG GROUP

THE CHENNAI WAVE: IAMG × ZOMATO × BOAT IGNITE INDIA’S NEXT AD TSUNAMI

The winds along Chennai’s Marina are carrying more than sea salt this week — they’re carrying news of a creative…

By Sameer Batra
4 Min Read
SEOSpidy
SEOSpidy Web Solution Empowers Gynecologists with Compassionate Digital Marketing to Build Trust and Patient Connections

SEOSpidy Web Solution, a premier digital marketing agency, today announced the launch…

4 Min Read
Simran Infrastructure
Simran Infrastructure Inc. Builds a Foundation of Trust with Transparent Home Renovation Process in Delhi and Gurgaon

Simran Infrastructure Inc., a leading construction company in the NCR, today announced…

4 Min Read

Most Viewed Stories

IAMG GROUP

THE CHENNAI WAVE: IAMG × ZOMATO × BOAT IGNITE INDIA’S NEXT AD TSUNAMI

The winds along Chennai’s Marina are carrying more than sea…

November 20, 2025

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

Sanskriti Styles Studio, a premier online…

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

You Might Also Like

Finance

Under a 90-day tariff break, India and the US will start trade accord negotiations in Washington on April 23: Report

As the clock ticks on a 90-day tariff pause, India is moving swiftly to solidify terms for a long-awaited trade…

4 Min Read
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

A viral tweet cautions Indian students about US student loans and the job scarcity, saying, “Do not take out ₹70 lakh loans.”

When dreams of American degrees collide with financial strain and job market uncertainty, the journey from India to the US…

3 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
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?