phd in economics in iit kharagpur

+91-361-258-2600 /2594

• [email protected]

Welcome to our Department

The Department of Humanities and Social Sciences at IIT Guwahati is a centre for research and teaching composed of academics from eleven different disciplines: Economics, English, Linguistics, Philosophy, Psychology, Sociology, History, Archaeology, Political Science, Geography, Development Studies. With its varied range of research interests and expertise, the department promotes interdisciplinary work in humanities and social sciences, offering projects, supervision and fellowships aimed to attract students and researchers from diverse academic and cultural backgrounds. Apart from its undergraduate B.Tech taught courses which include uniquely designed content offered by members of faculty, the department offers highly interdisciplinary areas of expertise and investigation in its MA and PhD programmes.

Notifications

Admission to ma and ph.d. programmes for july 2024 session   new, news & events, selected candidates for rmc24   new, undergraduate.

In the Btech program the Department of HSS offers compulsory elective courses for 24 credits. Electives are offered in 4th, 5th, 7th and 8th semesters only. Each individual course is of 6 credits.

MA in Development Studies

The MA in Development Studies programme offers dynamic multidisciplinary training...

The PhD programme of the department is an area of vibrant research pursuit.

Post Doctoral

The Deptartment supports advanced scholars with the Institute Post Doctoral Fellowship (IPDF) programme...

MA in Liberal Arts

The programme offers a unique combination of training in theoretical analysis and abstract thinking with the practical application of these skills through rigorous coursework and mentored projects.

Our Streams

Archaeology

Development studies, linguistics, political science, publications.

Sukanya Sharma " CULTURAL HERITAGE MANAGERS: AN INDIAN PERSPECTIVE", Legal News and Views , [2024]

Deepen Naorem, Sanasam Ranbir Singh, Priyankoo Sarmah " Improving linear orthogonal mapping based cross-lingual representation using ridge regression and graph centrality", Computer Speech & Language , [2024]

Sarthak Kumar Das and Sambit Mallick " Repossession through community participation: A study of Vrihi community seed bank in Odisha", Social Change , [2024]

Sumit Vij, Jeroen Warner, PhD; Anusha Mehta; Anamika Barua " Status quo in transboundary waters: unpacking non-decision making and non-action", Global Environmental Change , [2024]

Priyankoo Sarmah, Caroline R Wiltshire " Acoustic properties of the monophthongs of Assamese Indian English speakers", World Englishes , [2024]

Debapriya Basu " “Here doth Shee Mourne:” Epitaphic Compulsion in Isabella Whitney’s Lament upon William Gruffith’s Death", Women's Writing , [2024]

Hemanta Baruah, Sanasam Ranbir Singh, Priyankoo Sarmah " Transliteration Characteristics in Romanized Assamese Language Social Media Text and Machine Transliteration", ACM Transactions on Asian and Low-Resource Language Information Processing , [2024]

Prabhu Venkataraman, Upamita Mukherjee " Re-evaluating the Alignment of Omnivorous Choice and Animal Farming with Sustainable Development: Insights from Care Ethics", Problems of Sustainable Development , [2024]

Rohit, Sukanya Sharma " Identifying anthropogenic and palaeoenvironmental markers of Holocene prehistoric assemblages of Northeast India: A case study of Khasi Hills (Meghalaya)", Journal of Archaeological Science: Reports , [2024]

Award & Achievements

Congratulation to Rituparna Patgiri for " Zubaan-Sasakawa Peace Foundation Grants for Young Researchers from the Northeast for 2020-2021." awarded by .

Congratulation to Rituparna Patgiri for "Krishna Raj Fellowship (KRF) by the Centre for Development Economics (CDE), Delhi School of Economics (DSE) in June 2013 for a research project entitled Negotiating Traditions: Maiyyas of Vrindavana." awarded by .

Congratulation to Visakh Madhusoodanan Subha for "Honorary Research Fellow, Department of Anthropology, School of Global Studies, University of Sussex" awarded by University of Sussex.

Congratulation to Visakh Madhusoodanan Subha for "Postdoctoral Fellow, Department of Anthropology, School of Global Studies, University of Sussex (March 2020- October 2022)" awarded by University of Sussex.

Congratulation to Visakh Madhusoodanan Subha for "Fulbright- Nehru Doctoral Fellow, University of California, Berkeley (August 2016- May 2017) " awarded by US Department of State.

Quick Links

• All Undergraduate Courses (HSS)
• BTech Renumbering
• BTech Timetable, Jan-May 2024
• MA DS Timetable, Jan-May 2024
• MA LA Timetable, Jan-May 2024
• Room Reservation

Academic Complex Block F Department of Humanities and Social Sciences Indian Institute of Technology Guwahati Guwahati, Assam, 781039 India

Important Links

• BROCHURE 2022-23 - IITG DS
• IITG Admission
• IITG Webmail
• MA Placement Brochure 2019-21
• Student Login

© Copyright 2020 Department of HSS, IIT Guwahati. All Rights Reserved. Developed By Techmantra

• JEE Main 2024
• MHT CET 2024
• JEE Advanced 2024
• BITSAT 2024
• View All Engineering Exams
• Colleges Accepting B.Tech Applications
• Top Engineering Colleges in India
• Engineering Colleges in India
• Engineering Colleges in Tamil Nadu
• Engineering Colleges Accepting JEE Main
• Top IITs in India
• Top NITs in India
• Top IIITs in India
• JEE Main College Predictor
• JEE Main Rank Predictor
• MHT CET College Predictor
• AP EAMCET College Predictor
• GATE College Predictor
• KCET College Predictor
• JEE Advanced College Predictor
• View All College Predictors
• JEE Main Question Paper
• JEE Main Cutoff
• JEE Main Answer Key
• JEE Main Result
• Download E-Books and Sample Papers
• Compare Colleges
• B.Tech College Applications
• JEE Advanced Registration
• MAH MBA CET Exam
• View All Management Exams

Colleges & Courses

• MBA College Admissions
• MBA Colleges in India
• Top IIMs Colleges in India
• Top Online MBA Colleges in India
• MBA Colleges Accepting XAT Score
• BBA Colleges in India
• XAT College Predictor 2024
• SNAP College Predictor
• NMAT College Predictor
• MAT College Predictor 2024
• CMAT College Predictor 2024
• CAT Percentile Predictor 2023
• CAT 2023 College Predictor
• CMAT 2024 Registration
• TS ICET 2024 Registration
• CMAT Exam Date 2024
• MAH MBA CET Cutoff 2024
• Download Helpful Ebooks
• List of Popular Branches
• QnA - Get answers to your doubts
• IIM Fees Structure
• AIIMS Nursing
• Top Medical Colleges in India
• Top Medical Colleges in India accepting NEET Score
• Medical Colleges accepting NEET
• List of Medical Colleges in India
• List of AIIMS Colleges In India
• Medical Colleges in Maharashtra
• Medical Colleges in India Accepting NEET PG
• NEET College Predictor
• NEET PG College Predictor
• NEET MDS College Predictor
• DNB CET College Predictor
• DNB PDCET College Predictor
• NEET Application Form 2024
• NEET PG Application Form 2024
• NEET Cut off
• NEET Online Preparation
• Download Helpful E-books
• LSAT India 2024
• Colleges Accepting Admissions
• Top Law Colleges in India
• Law College Accepting CLAT Score
• List of Law Colleges in India
• Top Law Colleges in Delhi
• Top Law Collages in Indore
• Top Law Colleges in Chandigarh
• Top Law Collages in Lucknow

Predictors & E-Books

• CLAT College Predictor
• MHCET Law ( 5 Year L.L.B) College Predictor
• AILET College Predictor
• Sample Papers
• Compare Law Collages
• Careers360 Youtube Channel
• CLAT Syllabus 2025
• CLAT Previous Year Question Paper
• AIBE 18 Result 2023
• NID DAT Exam
• Pearl Academy Exam

Animation Courses

• Animation Courses in India
• Animation Courses in Bangalore
• Animation Courses in Mumbai
• Animation Courses in Pune
• Animation Courses in Chennai
• Animation Courses in Hyderabad
• Design Colleges in India
• Fashion Design Colleges in Bangalore
• Fashion Design Colleges in Mumbai
• Fashion Design Colleges in Pune
• Fashion Design Colleges in Delhi
• Fashion Design Colleges in Hyderabad
• Fashion Design Colleges in India
• Top Design Colleges in India
• Free Sample Papers
• Free Design E-books
• List of Branches
• Careers360 Youtube channel
• NIFT College Predictor
• UCEED College Predictor
• NID DAT College Predictor
• IPU CET BJMC
• JMI Mass Communication Entrance Exam
• IIMC Entrance Exam
• Media & Journalism colleges in Delhi
• Media & Journalism colleges in Bangalore
• Media & Journalism colleges in Mumbai
• List of Media & Journalism Colleges in India
• Free Ebooks
• CA Intermediate
• CA Foundation
• CS Executive
• CS Professional
• Difference between CA and CS
• Difference between CA and CMA
• CA Full form
• CMA Full form
• CS Full form
• CA Salary In India

Top Courses & Careers

• Bachelor of Commerce (B.Com)
• Master of Commerce (M.Com)
• Company Secretary
• Cost Accountant
• Charted Accountant
• Credit Manager
• Financial Advisor
• Top Commerce Colleges in India
• Top Government Commerce Colleges in India
• Top Private Commerce Colleges in India
• Top M.Com Colleges in Mumbai
• Top B.Com Colleges in India
• IT Colleges in Tamil Nadu
• IT Colleges in Uttar Pradesh
• MCA Colleges in India
• BCA Colleges in India

Quick Links

• Information Technology Courses
• Programming Courses
• Web Development Courses
• Data Analytics Courses
• Big Data Analytics Courses
• RUHS Pharmacy Admission Test
• Top Pharmacy Colleges in India
• Pharmacy Colleges in Pune
• Pharmacy Colleges in Mumbai
• Colleges Accepting GPAT Score
• Pharmacy Colleges in Lucknow
• List of Pharmacy Colleges in Nagpur
• GPAT Result
• GPAT 2024 Admit Card
• GPAT Question Papers
• NCHMCT JEE 2024
• Mah BHMCT CET
• Top Hotel Management Colleges in Delhi
• Top Hotel Management Colleges in Hyderabad
• Top Hotel Management Colleges in Mumbai
• Top Hotel Management Colleges in Tamil Nadu
• Top Hotel Management Colleges in Maharashtra
• B.Sc Hotel Management
• Hotel Management
• Diploma in Hotel Management and Catering Technology

Diploma Colleges

• Top Diploma Colleges in Maharashtra
• UPSC IAS 2024
• SSC CGL 2024
• IBPS RRB 2024
• Previous Year Sample Papers
• Free Competition E-books
• Sarkari Result
• QnA- Get your doubts answered
• UPSC Previous Year Sample Papers
• CTET Previous Year Sample Papers
• SBI Clerk Previous Year Sample Papers
• NDA Previous Year Sample Papers

Upcoming Events

• NDA Application Form 2024
• UPSC IAS Application Form 2024
• CDS Application Form 2024
• CTET Admit card 2024
• HP TET Result 2023
• SSC GD Constable Admit Card 2024
• UPTET Notification 2024
• SBI Clerk Result 2024

Other Exams

• SSC CHSL 2024
• UP PCS 2024
• UGC NET 2024
• RRB NTPC 2024
• IBPS PO 2024
• IBPS Clerk 2024
• IBPS SO 2024
• CBSE Class 10th
• CBSE Class 12th
• UP Board 10th
• UP Board 12th
• Bihar Board 10th
• Bihar Board 12th
• Top Schools in India
• Top Schools in Delhi
• Top Schools in Mumbai
• Top Schools in Chennai
• Top Schools in Hyderabad
• Top Schools in Kolkata
• Top Schools in Pune
• Top Schools in Bangalore

Products & Resources

• JEE Main Knockout April
• NCERT Notes
• NCERT Syllabus
• NCERT Books
• RD Sharma Solutions
• Navodaya Vidyalaya Admission 2024-25
• NCERT Solutions
• NCERT Solutions for Class 12
• NCERT Solutions for Class 11
• NCERT solutions for Class 10
• NCERT solutions for Class 9
• NCERT solutions for Class 8
• NCERT Solutions for Class 7
• Top University in USA
• Top University in Canada
• Top University in Ireland
• Top Universities in UK
• Top Universities in Australia
• Best MBA Colleges in Abroad
• Business Management Studies Colleges

Top Countries

• Study in USA
• Study in UK
• Study in Canada
• Study in Australia
• Study in Ireland
• Study in Germany
• Study in China
• Study in Europe

Student Visas

• Student Visa Canada
• Student Visa UK
• Student Visa USA
• Student Visa Australia
• Student Visa Germany
• Student Visa New Zealand
• Student Visa Ireland
• CUET PG 2024
• IGNOU B.Ed Admission 2024
• DU Admission 2024
• UP B.Ed JEE 2024
• DDU Entrance Exam
• IIT JAM 2024
• IGNOU Online Admission 2024
• Universities in India
• Top Universities in India 2024
• Top Colleges in India
• Top Universities in Uttar Pradesh 2024
• Top Universities in Bihar
• Top Universities in Madhya Pradesh 2024
• Top Universities in Tamil Nadu 2024
• Central Universities in India
• CUET Exam City Intimation Slip 2024
• IGNOU Date Sheet
• CUET Mock Test 2024
• CUET Admit card 2024
• CUET PG Syllabus 2024
• CUET Participating Universities 2024
• CUET Previous Year Question Paper
• CUET Syllabus 2024 for Science Students
• E-Books and Sample Papers
• CUET Exam Pattern 2024
• CUET Exam Date 2024
• CUET Syllabus 2024
• IGNOU Exam Form 2024
• IGNOU Result
• CUET Courses List 2024

Engineering Preparation

• Knockout JEE Main 2024
• Test Series JEE Main 2024
• JEE Main 2024 Rank Booster

Medical Preparation

• Knockout NEET 2024
• Test Series NEET 2024
• Rank Booster NEET 2024

Online Courses

• JEE Main One Month Course
• NEET One Month Course
• IBSAT Free Mock Tests
• IIT JEE Foundation Course
• Knockout BITSAT 2024
• Career Guidance Tool

Top Streams

• IT & Software Certification Courses
• Engineering and Architecture Certification Courses
• Programming And Development Certification Courses
• Business and Management Certification Courses
• Marketing Certification Courses
• Health and Fitness Certification Courses
• Design Certification Courses

Specializations

• Digital Marketing Certification Courses
• Cyber Security Certification Courses
• Artificial Intelligence Certification Courses
• Business Analytics Certification Courses
• Data Science Certification Courses
• Cloud Computing Certification Courses
• Machine Learning Certification Courses
• View All Certification Courses
• UG Degree Courses
• PG Degree Courses
• Short Term Courses
• Free Courses
• Online Degrees and Diplomas
• Compare Courses

Top Providers

• Coursera Courses
• Udemy Courses
• Edx Courses
• Swayam Courses
• upGrad Courses
• Simplilearn Courses
• Great Learning Courses

M.Sc Economics Integrated at IIT Kharagpur Offline Course

Quick facts, fees details, course details.

Master of Science (M.Sc) in Economics is a five years (10 Semesters) Integrated-degree program offered at the Indian Institute of Technology Kharagpur.

Important dates

Eligibility criteria.

• The final examination of the 10+2 system, conducted by a Central or State Board recognized by the Association of Indian Universities (AIU).
• Intermediate or two-year Pre-University examination conducted by a Board or University recognized by the Association of Indian Universities.
• The final examination of the two-year course of the Joint Services Wing of the National Defence Academy.
• Senior Secondary School Examination conducted by the National Institute of Open Schooling with a minimum of five subjects.
• Any Public School, Board or University examination in India or in a foreign country recognized as equivalent to the 10+2 system by the AIU.
• H.S.C. vocational examination.
• A Diploma recognized by the All India Council for Technical Education (AICTE) or a State Board of Technical Education of at least 3 years duration.
• General Certificate Education (GCE) examination (London, Cambridge or Sri Lanka) at the Advanced (A) level.
• High School Certificate Examination of the Cambridge University or International Baccalaureate Diploma of the International Baccalaureate Office, Geneva.

Candidates who have completed Class XII (or equivalent) examination outside India or from a Board not specified above should produce a certificate from the AIU to the effect that the examination they have passed is equivalent to the Class XII examination.

Admission Details

Admission to undergraduate programmes in all IITs is tied to the Indian Institute of Technology Joint Entrance Examination (IIT-JEE). Candidates who qualify for admission through IIT-JEE can apply for admission in a five-year B.Arch degree at IIT Kharagpur.

Top Exams Accepted by IIT Kharagpur

( jee advanced ) - joint entrance exam advanced, student reviews for m.sc economics integrated, college infrastructure.

The academic and sporting structure of the campus is pretty good with world class labs and classrooms. However the hostels are old and needs upgradation. The food hygiene also requires some special attention.

Amazing Place to be

Iit kgp is like a heaven, share your experience with others, other popular courses in this college, other popular universities offering this course, national institute of technology durgapur.

• Courses & Fees

Maulana Abul Kalam Azad University of Technology, Kolkata

Indian institute of engineering science and technology shibpur, techno india university, kolkata, jadavpur university, kolkata, popular certification, oxford diploma in macroeconomics, the most comprehensive 60 hrs economics course diploma, fair wage strategies in a global economy.

Berlin School of Economics and Law, Berlin Via iversity

Know More About this College

Applications for admissions are open..

UPES B.Tech Admissions 2024

Ranked #52 among universities in India by NIRF | Highest CTC 50 LPA | 100% Placements | Last date to apply: 24th April

Amrita Vishwa Vidyapeetham | B.Tech Admissions 2024

Recognized as Institute of Eminence by Govt. of India | NAAC ‘A++’ Grade | Last Date to Apply - 20th April

MAHE, Manipal - B.Tech Admissions 2024

NAAC A++ Accredited | Accorded institution of Eminence by Govt. of India | NIRF Rank #6 | Extended Application Deadline - 22nd April

Amity University, Noida B.Tech Admissions 2024

Asia's Only University with the Highest US & UK Accreditation

New Age Makers Institute of Tech (NAMTECH) Admissions 2024

Minimum Salary Range INR 8-12 LPA. Upto 100% Scholarship.1-Month Global Immersion Program

Reva University B.Tech Admissions 2024

Highest CTC 36 LPA , 93% Placements, 1800+ Job offers, 450+ Recruiters | AICTE Approved | UGC Recognized

JAM admission form 2024 has been released on April 10

IIT JAM 2024 toppers list released

IIT JAM 2024 cut off out

Explore on Careers360

• Colleges by States
• Colleges by City
• Top M.E /M.Tech. Colleges in West Bengal
• Top B.Tech M.Tech Colleges in West Bengal
• Top Ph.D Colleges in West Bengal 2024
• Top B.E /B.Tech Colleges in West Bengal
• Top M.Sc. Colleges in West Bengal 2024
• Top B.Arch Colleges in West Bengal
• Best Colleges in West Bengal Accepting JEE Advanced
• Best Colleges in West Bengal Accepting GATE
• Best Engineering Colleges in West Bengal

By specialization

• Top Information Technology Colleges in Kharagpur
• Top Civil Engineering Colleges in Kharagpur
• Top Electrical Engineering Colleges in Kharagpur
• Top Mechanical Engineering Colleges in Kharagpur
• Top Computer Science Engineering Colleges in Kharagpur
• Top Aerospace Engineering Colleges in Kharagpur
• Top Chemical Engineering Colleges in Kharagpur
• Top M.E /M.Tech. Colleges in Kharagpur
• Top B.E /B.Tech Colleges in Kharagpur
• Top B.Arch Colleges in Kharagpur
• Best Colleges in Kharagpur Accepting JEE Advanced
• Best Colleges in Kharagpur Accepting GATE
• Best Engineering Colleges in Kharagpur
• Best M.E /M.Tech. Universities in West Bengal
• Best Ph.D Universities in West Bengal
• Best B.E /B.Tech Universities in West Bengal
• Best M.Sc. Universities in West Bengal

Download Careers360 App's

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

Cetifications

We Appeared in

• +91 11 2659 1371
• [email protected]

Associate Professor

Computing Technologies for Development

Applied microeconomic theory, game theory and agricultural economics.

Macroeconomics, Environment, Development Economics

Official statistics, Development, Econometrics

Optimization Theory, Mathematical Finance

Macroeconomics, International economics and Public economics

Assistant Professor

Macroeconomics and development

Transport Economics, transport planning and modelling

Inequality, agriculture, political economy; development

Labour, industrialization and the macroeconomy

Econometric modelling for transportation

Applied machine learning and economics

Social policy, digital technologies in welfare

Econometrics, Empirical IO, and Machine learning.

Mechanism design, Social choice, and Game theory

Development, Applied Micro, and Health

Labour, Health, Education and Applied Econometrics

Development Economics, Political Economy, Indian Economy

• Search Result
• Welcome Message from HOD
• Faculty Recruitment
• Ph.D. Students
• Economics Lab
• Publications
• Sponsored Projects
• Ph.D. Theses
• BS/MS Program
• Career Prospects/Placements
• BS/MS admissions
• Ph.D. Program
• Ph.D. admissions
• Public Policy Conference
• Departmental Committees
• Admissions - 2021-22
• Economic Courses
• Recent Talks
• NPTEL courses
• M.Sc. in Economics
• Upcoming Seminars
• Undergraduate Students
• M.Sc. Program
• M.Sc. Admissions
• Research Scholars' Day 2023
• RBI team visit 2023
• e-Masters Conference
• List of books: Library
• Career Prospects/Placement
• Ph.D. students
• Economics Courses
• Research Scholars' Day
• RBI Team Visit 2023
• Arthashashtra 2023

Economic Sciences

Indian Institute of Technology Kanpur

Doctor of Philosophy (Ph.D.) Program

With an ever-increasing emphasis on a technology-driven economy, interdisciplinary economic research has become the key to global economic prosperity. IIT Kanpur’s Department of Economic Sciences – the first among all IITs – is a pioneer in economic research, teaching and outreach activities. With its rigorously trained and proficient faculty, the department is fast emerging as a prominent center for India's economic research.

The Ph.D. program in Economic Sciences was introduced at IIT Kanpur in 1974, in the Department of Humanities and Social Sciences, IIT Kanpur. Students in our program do research in various economics areas, including microeconomics, macroeconomics, econometrics, development economics, health economics, and financial economics. Our department provides intense training both in theoretical economics and in applied and empirical economics. The Ph.D. program is primarily designed for students interested in pursuing a career in teaching and research within academia. It is also useful for students interested in certain positions within governments, research organizations, or private businesses.

Course Structure:

• Five-years program, with a set of courses and high-quality research opportunities.
• The first year consists of two-semester coursework, followed by a comprehensive examination.
• After the first year, students devote most of their time to their own research under the supervision of faculty advisors.

The two-semester Ph. D. coursework will consist of compulsory courses in the following fields:

• Advanced Microeconomics.
• Advanced Macroeconomics.
• Quantitative Methods.
• Econometrics.

Moreover, the students will be asked to choose a set of elective courses. In recent years, the following elective courses have been offered:

• Applied Econometrics
• Bayesian Econometrics
• Contract Theory
• Development Economics
• Efficiency and Productivity Analysis
• Financial Econometrics
• Foundations of Finance
• Game Theory
• Labour Economics
• Law and Economics
• Mathematical Analysis for Economics
• Monetary Economics
• Topics in Economic Growth

Is Rs 20 Lakh Enough To Survive In A Metro City? IIT Graduate Ignites Debate With His Post

Curated By : Buzz Staff

Trending Desk

Last Updated: April 17, 2024, 15:40 IST

Delhi, India

List featured categories such as rent, food, travel, healthcare, education and grooming. (Representative Image)

IIT Kharagpur alumni shared a list of expenses for a four-member family and indicated that the yearly expenses could reach Rs 20 lakh.

Living in metropolitan cities is a dream for many, as it has plenty of job opportunities and improved quality of life. However, this lifestyle comes with a hefty price tag, as the cost of living in such cities is higher. Recently, an alumnus of the Indian Institute of Technology (IIT) Kharagpur sparked discussion on social media by sharing a detailed breakdown of expenses for a four-member family from a metropolitan city in India. Pritesh Kakani’s calculation indicated that a family’s yearly expenses could reach Rs 20 lakh, excluding luxury expenses.

Soon after his post went viral, it garnered mixed reactions. While some agreed with the valuation and called it realistic, others argued that Rs 20 lakh per year is an exaggerated figure.

Kakani’s list featured various categories such as rent, food, travel, healthcare, education and grooming. At the top of the list is the monthly rent of Rs 35,000 or Rs 4.2 lakh annually, followed by food expenses, which is Rs 10,000. Dining out costs are estimated at Rs 4,000, while vacation expense is Rs 1.5 Lakh.

Petrol expenses are calculated to be Rs 5,350, with medical costs set at Rs 8,000 or Rs 96,000 for the whole year. The combined cost of electricity and gas is Rs 1,500, while local travel costs can reach up to Rs 2,000 per month. School expenses are the highest, Rs 4 Lakh for the year. Sharing the list, he wrote, “Family of 4 Expense in Metro city in India is 20 lakh per year. No luxury expense added.”

Family of 4 Expense in Metro city in India is 20 lakh per year. No luxury expense added. Details are as follows: pic.twitter.com/eAXmVS0j2O — Pritesh Kakani (@pritesh_kakani) April 14, 2024

One user expressed concern about the accuracy of the expense, particularly the cost of the car at Rs 2 lakhs and food at Rs 1.2 lakhs seemed questionable.

Car is 2 lakhsAnd food is 1.2 lakhs Thoda galat ni ho gya — Vibhor Varshney (@nakulvibhor) April 14, 2024

Another criticized certain expenses, such as the cost of an Asia trip, a dog and car EMIs.

A lot of the expenses can be categorized as luxury here e.g. Asia Trip, Dog, CAR EMI of 2L etc.— Money Matters (@_M0neyMatters) April 14, 2024

A user highlighted that a single family’s wedding could majorly impact the mentioned budget.

One wedding in the family, and this goes Boom..— Mansi (@mannyQKiya) April 14, 2024

An individual provided the reason behind the high cost of a car and explained that a loan, maintenance and monthly instalments could justify the expense.

Funny how everyone thinks 2,00,000 for car is too much, if we take 7lakh loan on car for 5 years, emi is around 15k pm i.e. 1,80,000. Leave aside the insurance and maintenance part.For those saying a car is a want, it is a necessity if you have family according to me. pic.twitter.com/lVNmTM9EbL — Vishal Choudhari (@VShallChoudhari) April 14, 2024

One more questioned the necessity of owning a dog and a car, they feel that such expenses should be avoided if a person doesn’t own a house.

I never knew dog and car are necessities. If you don’t own a home you should not buy a car on emi. Personal Finance 101.— VS (@suranavishal4u) April 14, 2024

Since IIT Kharagpur alumni Pritesh Kakani shared the expanse list on X, it has gone viral and garnered over 1 million views.

Is Rs 20 Lakh Enough To Survive In A Metro City? IIT Graduate Ignites Debate With His Post

L iving in metropolitan cities is a dream for many, as it has plenty of job opportunities and improved quality of life. However, this lifestyle comes with a hefty price tag, as the cost of living in such cities is higher. Recently, an alumnus of the Indian Institute of Technology (IIT) Kharagpur sparked discussion on social media by sharing a detailed breakdown of expenses for a four-member family from a metropolitan city in India. Pritesh Kakani’s calculation indicated that a family’s yearly expenses could reach Rs 20 lakh, excluding luxury expenses.

Soon after his post went viral, it garnered mixed reactions. While some agreed with the valuation and called it realistic, others argued that Rs 20 lakh per year is an exaggerated figure.

Kakani’s list featured various categories such as rent, food, travel, healthcare, education and grooming. At the top of the list is the monthly rent of Rs 35,000 or Rs 4.2 lakh annually, followed by food expenses, which is Rs 10,000. Dining out costs are estimated at Rs 4,000, while vacation expense is Rs 1.5 Lakh.

Petrol expenses are calculated to be Rs 5,350, with medical costs set at Rs 8,000 or Rs 96,000 for the whole year. The combined cost of electricity and gas is Rs 1,500, while local travel costs can reach up to Rs 2,000 per month. School expenses are the highest, Rs 4 Lakh for the year. Sharing the list, he wrote, “Family of 4 Expense in Metro city in India is 20 lakh per year. No luxury expense added.”

One user expressed concern about the accuracy of the expense, particularly the cost of the car at Rs 2 lakhs and food at Rs 1.2 lakhs seemed questionable.

Another criticized certain expenses, such as the cost of an Asia trip, a dog and car EMIs.

A user highlighted that a single family’s wedding could majorly impact the mentioned budget.

An individual provided the reason behind the high cost of a car and explained that a loan, maintenance and monthly instalments could justify the expense.

One more questioned the necessity of owning a dog and a car, they feel that such expenses should be avoided if a person doesn’t own a house.

Since IIT Kharagpur alumni Pritesh Kakani shared the expanse list on X, it has gone viral and garnered over 1 million views.