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‘Rs 25,000 in 2015, Rs 25,000 in 2025’: Rivigo founder questions India’s inflation math

‘Rs 25,000 in 2015, Rs 25,000 in 2025’: Rivigo founder questions India’s inflation math
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A decade has handed, however for India’s truck drivers, little has modified—not less than of their paychecks. Deepak Garg, founding father of Rivigo, took to LinkedIn to spotlight a stark actuality: truck drivers in India nonetheless earn Rs 25,000-30,000 per 30 days in 2025, the identical as they did in 2015.

This, he argues, is a harmful financial sign. Even when one assumes a conservative 6% year-on-year inflation fee, the cumulative impact over ten years could be a staggering 79%. 

Nonetheless, Garg dismisses this estimate as flawed, stating that inflation ought to think about asset value will increase — akin to actual property and fairness markets —which considerably impression buying energy.

“And whether it is included, the quantity could be 10-12%. I don’t wish to do the mathematics on cumulative 10-12% because it seems to be uglier than it already is,” he wrote.

The priority extends past truck drivers. Garg means that the identical stagnation applies to different blue-collar professions, together with supply employees, Uber and Ola drivers, painters, welders, development employees, manufacturing facility employees, and agricultural laborers.

“Seems to be unsustainable to me,” he concluded.

Whereas India’s official inflation figures paint a extra managed image—with the Shopper Value Index (CPI) falling to three.61% in February 2025 and meals inflation declining—Garg’s submit raises questions on whether or not wage development is preserving tempo with the true value of dwelling.

At the same time as policymakers anticipate potential fee cuts by the Reserve Financial institution of India to stimulate financial development, the bottom actuality for tens of millions of employees stays unchanged.



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Tags: founderIndiasInflationinflation problem in indiaMathQuestionsRivigowage gapwage gap in india
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