New Delhi, June 6 -- Amid the rising inflation across all sectors in India, a social media influencer brought attention to the education inflation. Addressing the topic to parents and those who are planning to grow their family, the user claimed that at least Rs.6.75 crore is needed to raise a child in Indian metro cities, as school inflation is said to be at 10-12%.

Self-claimed financial adviser Udayan Adhye explained that inflation in education and lifestyle expenses has significantly contributed to the cost of raising a child in urban India. He argued that while many parents turn to traditional child plans to safeguard the future of their little ones, more advanced planning is required now to beat the rising education expenses in the...