(This is my first post to his community)
My namaskar with folded hands to all of you too, What a beautiful question what is the value of $1,000 to me?
Here I want to bring to your attention that I also belong to the great country of India and today, at the date of writing this post, the price of $1 in comparison to our currency is Rupees 78.1037.
That means if I have $1000, I am the owner of Rupees 78103.70. This amount is enough for me. The economic condition of our country is very good.
Dollar Money Bucks - Free photo on Pixabay
According to the population, the population of our country is approximately 135 crores, while the combined population of many countries will be less than this.
Nevertheless, due to the better performance of our Governments of our country and the desire to work for the good of the people, the economic condition of our country is very satisfactory.
That is why at present the per capita income of India has been pegged at 1850 and in the coming year of 2023, this per capita income is likely to be $1920.
So $1,000 is equal to half a year's income for ordinary people here, including me. Although there is no economic equality among citizens of any country.
For your kind information, a person who earns Rs78000 ( $1000) per month is considered middle class in our country.
Because, according to the structure of the economic condition of our country, the citizens of the country have been placed into 5 categories: 1-Lower Income Group 2. the lower-middle-income group, 3. the middle-income group, 4. the upper-middle-income group, and 5. the highest income group.
That's why $ 1000 is very much value for an average family (lower-middle-income group) consisting of a husband, wife, and two minor children aged 7 to 14 years. Then their three months' house expenses will be covered very well from this amount.
(I like to invite 