Skip to main content

Posts

Showing posts from December, 2025

Can employees get rich?

Reality: Everyone wants to be rich. The very next person you would meet also would tell you their life goal is to get rich. Some wants to travel the world, some wants to build large mansion, some wants to buy great cars, some wants to buy grand jewellery. Whatever some wants, all wants to be rich definitely. All are not born into large business families, and many don't have any support from previous generations too from a fortune inheritance perspective. And most of us don't win lotteries too.  Employment in India: Over 50% of the India's workforce is self-employed which would include new startups, local grocers to your tailor. The employee workforce is around 22% of Indians. Official unemployment in 2024 is around 3.2% and remaining are all casual labourers and unpaid workers. As per key studies,70-80% of self-employed workforce in India earns lesser than salaried employees. Over 85% of the self-employed business never grow or hire employees. About 15-20% of the self-emplo...