New Delhi: A Twitter user’s Quora-style question on lifestyle and earning in Gurugram has sparked a debate among netizens and brought up a major issue of high cost of living in the metros, spanning from food prices, rent to transport. It all started when Twitter user Anu tweeted, “Is 80.2 LPA salary enough to survive in Gurugram?”. In that response, netizens started giving pros and cons with hilarity and sarcasm to point out the issue of difference in living standards as well.
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Is 80.2 LPA salary enough to survive in Gurugram?
— Anu (@Escapeplace__) April 4, 2023
Quora is a popular question-and-answer platform where users often ask such questions. One user took aim and wrote, ‘Khola Twitter, Nikla Quora (Open Twitter, Find Quora)’.
A Twitter user named Kush commented in a sarcastic style and said, “yeh bhot kumm hai…Sarojini sae kapde bhi bahi aapaegay itne mai toh (it’s too low, can’t get clothes from Sarojni Market at this)”.
Another user reiterated the question, “Let me continue with this – is 250 crores after tax per month enough to survive in Bengaluru?”
Increase in cost of living in cosmopolitans across India
Gurugram, which falls in the National Capital Region (NCR), is a metropolitan city with a high cost of living. Hence, survival has become a challenge for the common man with a reasonable standard of living in the city.
The situation is getting complicated due to rising inflation since last one and a half years. Inflation has been reported to exceed 6% in the past months, well above the Reserve Bank of India’s (RBI) tolerable limit of 4-6%. The central bank has been trying to contain runaway inflation by increasing the repo rate – a key lending rate – over the past year. It has increased the repo rate by 250 bps so far to make borrowing costlier and contract additional liquidity in the market.
In an unexpected move, the RBI kept the repo rate unchanged at 6.5% in the last Monetary Policy Committee (MPC) meeting from April 4 to April 6.