Finances for raising a child

Data and inflation models suggest raising a child to age 25 costs a middle-class semi-urban or urban household ₹75 lakh -₹2 crore and an upper-middle-class family ₹2-4 crore, depending on lifestyle and cityOver two decades, India’s parenting economics have shifted dramatically. Raising a child was once a low-cost endeavour; today, in a semi-urban and urban India, navigating a child’s life from the delivery room to a postgraduate convocation demands meticulous, data-backed wealth management.