India, June 26 -- A Bengaluru-based entrepreneur has sparked a debate by claiming that " Rs.2.5 lakh per month is the new 1 lakh". Niket Raj Dwivedi was trying to make a point about inflation and the rising cost of living in his social media post, but managed to annoy a few people with his claim.

The founder of the professional social media network Medial took to X two days ago to declare: "2.5 Lac per month is the new 1 Lac." In a follow-up tweet, he said that this statement is "specially true in Bangalore/Mumbai".

The post sparked a heated debate about salaries in India. Some accused Dwivedi of exaggeration and said that Rs.1 lakh is a respectable amount to survive on every month.

Others, however, agreed with him and noted how the co...