<ul><li>Ashish Singhal, CEO at Peepal and cofounder of CoinSwitch and Lemonn, called middle-class salaries the 'biggest scam no one talks about'.</li><li>Singhal highlighted the minimal growth in income for middle and upper middle-class groups compared to rising food prices and reduced purchasing power.</li><li>He mentioned that AI poses a threat to white-collar jobs and only a few job vacancies are being filled due to AI impact.</li><li>Singhal emphasized that while attention is on the welfare of the poor and the ultra-rich are growing, the middle class is expected to support the economy silently.</li></ul>

'Biggest scam': Lemonn cofounder sparks debate on middle-class salary crisis

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