India's middle class is bleeding quietly: Bangalore CEO says, 'EMIs, inflation, no savings are crushing them'

Indian Middle Class Salary Crisis: A Bengaluru CEO's viral LinkedIn post has thrown fresh light on Indias middle-class crisis. Highlighting stagnant wages, rising living costs, and mounting debt, Ashish Singhal called middle-class salaries “the biggest scam no one talks about.” His post sparked strong reactions online—some backed his concerns, others questioned the data or urged accountability. As Indias middle class quietly bears economic shocks with no bailouts or safety nets, many wonder if the nation is ignoring the slow decline of its economic backbone.