Working in India. The INDIA of $5 trillion economy.

There is growing culture in India and a notion which is very famous among the employers exploiting the employees.

The way in which the employers make their profits is not only by selling their products and services but also working on reducing the salary that is being to the employees.

India does not work like the EU or the Denmark or any other Scandinavian countries. The taxes in the mentioned countries is really high — 40–60% of the employee’s income on an average. In India, neither the employees earn very high money nor do they pay high taxes to the government.

Small Business and entrepreneurship is encouraged but the question of stability is still lurking. As the time goes by, I would see a lot of employees raging and demanding a higher compensation to their employers or probably quit their present job and start a business on their own, by attracting their own clients.

This is all because of the mindset of Entrepreneurship and growth mindset. Now the Indians who are working abroad, whose main attraction is money will be lured back to India, if this idea of $5 trillion economy kicks off.

There is a vast majority of Indians, outside India, who want to work outside only for the higher remuneration. The cultural values they hold is still local. But the way they think is that the subjects of money and the Indian cultural significance does not go hand in hand. So they all travel abroad for work but stay connected to the festivals, familial functions and the cultural bonanza that India offers.

But it is time that India reaches newer heights on economic success by increasing the exports of its products, increasing government expenditure and reducing import, all this by maintain inflation percentage between 2–4%.

Let there be economic prosperity with holding of cultural and festive values. It is hard? Definitely we do not want to be a society which is just focused on money. The focus should be on creating a value.

Image: From World Economic Forum (WEF) https://www.weforum.org/agenda/2017/03/worlds-biggest-economies-in-2017/