Are Indians money obsessed?

Yes we are because we haev been a developing country since 1947

I agree. I feel, we often miscalculate the economics behind life. We need money for better things in life but then don't let the good things go. 

I know a bunch of guys who fails to understand how IPL in itself is so cash churning, that they don't need to have match fixing. Thus match fixing is not a part of IPL. In our argument, I found one of them was adamant that business is nothing but pursuit to earn money by any means. Just about any business. He refused to understand, the passion of people who choose to entrepreneur rather then working for some company. When I see that, I can only say He and such people are money obsessed. What do you say?  

If under any sort of doubt, one may recall all network marketing schemes being done by youths.

I agree, Indian Youth has been trying to Convert their selves as Money Making Machines, regardless to their Culture, Values & other aspects.

Its MONEY primarily, which has been the only Motivational Factor for the Youth.

Right from birth they only think how to gather more and more money. This quality is the mother of all corruption.

If we just refer ourself in the stastics of indians investing in gold, stocks and real estate we are really obsessed with money and materialsitc things of comfort.

If we just reflect on our culture we see our extenended family system, joint family system has just collapsed due to lack of intrest and increase in making money.

The nuclear family system is just obessed with more and more....... leading to believe that money is everything.

Well, I think it is true to some extent.

Yes the Indians are obsessed about money and it can be contributed due to many factors:-

1)Need to spend considerable money in family events such as marriage, festivals. We spend a hell lot of money for the jewels and marriage events and it certainly need to planned right from birth of daughters / sons

2) Saving the money is our part of life because we want till our grandchildren to benefit from our earnings..

3) Status of individual is being based on the money he has. When a person gains more money he automatically gets  a premium status and easy access to areas which is difficult for common people.

4) Raising cost of living and uncertain future also contribute to earn more money and save for future

Indians have lived  poor or many of them lived below poverty line for more than Thousand years........hunger for money is definitely there.........we are now saying we are self sufficient..........but today no service is available without investing money..........people look for security and die for money..........everyone right from Top hierarchy to the  bottom level have to maintain their level.....apprehensions are there..........comforts have not reached to the grass root level........Public welfare programmes are seldom checked for performance and their effectiveness...........an individual is living with himself/herself.......Togetherness is missing ........today if we can build skyscrapers in no time then we can also build human oriented life with basic necessities guaranteed for every one.....the motive of the life for the average Indian is to earn the bread and  not to put dynamic actions on his creative ideas.........