We often hear: “Everything has become expensive—just look at Maggi.”
Let’s stay in rupees and examine the full picture.
In 1983: – A Maggi packet cost about ₹2.50
– A lower-level worker earned roughly ₹400–₹500 per month
Today: – A Maggi packet costs about ₹25
– The same level of worker earns ₹10,000–₹15,000 per month
So: Maggi price has increased 10 times
Income has increased 20–25 times
Even at the lowest earning level, affordability has improved.
At the average level, the change is far sharper: Per capita income has risen from about ₹2,000 per year to nearly ₹1.7 lakh—around 70 times.
And what about savers?
For long periods, real interest rates in India have remained positive—meaning returns on savings have generally stayed ahead of inflation.
So earners gained.
Savers were not left behind either.
Yes, prices have gone up.
But incomes have gone up much more—and savings have largely retained value.
Yet, the constant crying over inflation continues.
At some point, it stops being analysis and starts becoming habit—one that creates an unnecessary atmosphere of doom, completely disconnected from the broader economic reality.

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