• 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