Zerodha CEO Nithin Kamath decodes the reason why Indians hate the rich

Zerodha co-founder Nithin Kamath recently criticized the Indian public for their hostility towards wealthy individuals and entrepreneurs. During a discussion with YourStory founder Shradha Sharma at a tech conference, Kamath attributed this attitude to India’s socialist tendencies and the significant income gap, which, according to him, have created an environment that stifles entrepreneurial efforts while breeding resentment towards the affluent.