‘The salary dream is dead’: Market guru Saurabh Mukherjea drops truth bomb on India’s middle class

Traditional white-collar jobs in India are shrinking fast, warns Saurabh Mukherjea, Founder and CIO of Marcellus Investment Managers. He attributes this to automation and a crumbling middle-management structure. Mukherjea believes India is heading into a post-salary economy, where entrepreneurship—powered by the JAM trinity of Jandhan, Aadhaar, and Mobile—can drive future prosperity. In a recent podcast, he urged families to rethink career expectations and encouraged a cultural shift towards risk-taking and long-term impact over monthly income.