The Economic Times

Rs 2 lakh a month salary sounds good. But CA explains why middle-class in metros is struggling

Earning Rs 2 lakh monthly in Indian metros, once a dream, now struggles against soaring costs. Private school fees jumped 160%, medical inflation hit 14%, and housing debt traps consume half of take-home pay. High earners are increasingly servicing debts for real estate and education, facing financial strain instead of security.