India is undergoing rapid development in all the sectors
. The country has undergone amazing growth in the last decade with a rapid industrialization all over the country. Many large scale and small scale industries have set up in the country. The industrial set up on the Indian land has lured many foreign capitalist to set up business chain in the Indian subcontinent. These business chains include many international hotels, world-class medical facilities, chic restaurants etc.
The establishment of multinational firms has suddenly enhanced the living standard of the Indian populace with a quality living for the middle and the affluent class of the society. But the poor are facing hardships to even earn their daily breads. The economy is facing dearth of liquidity and the inflation is knocking the affordability out of the common man's life. The problem in the country is that the wealthy class is getting wealthier and the poor are getting poorer. The wealth is accumulated in the certain classes of the society.
The inflation is a major issue, unresolved by the successive governments in power. Be it living in ordinary cities or the metropolitans, raising a family is the biggest challenge of life for a common man.
The government educational facilities in the country are inadequate in quality as well as quantity and most of the private educational institutes are expensive enough to be afforded by the poor to educate their children.
One of the foremost necessities of human beings, a shelter is extremely hard to purchase because the property rates are rising everywhere in the country.
The major cities such as Mumbai, Bangalore, Chennai, and Gurgaon are a very pricy place to dwell. The rapid development of the cities has posed a very challenging environment for poor to survive in the city. In fact the cities are unsuitable for the low income groups to live in.
Although many people are entering the market to set up business owing to the impressive growth of the leading cities but to achieve targeted profits is not an easy task because of the fierce market competition and the inflation in the economy.