'Best Contraceptive Ad': This Report on Cost of Raising a Child in India is Not for Faint-hearted

Blessed are the parents who bring a child into their lives, an experience brimming with profound joy and a sense of purpose. A recent comprehensive analysis featured in HT Media’s financial daily, Mint, has captivated online audiences with its insightful breakdown of the costs associated with raising a child. The report gathered perspectives from individuals across diverse regions of India, shedding light on approximate expenditures encompassing school fees, extracurricular activities, summer camps, clothing, medical expenses, and investments for higher education. Notably, the report also delineated the evolving financial outlay at distinct life stages, covering everything from pediatrician consultations in various locales to the estimated expenses spanning a child’s academic journey, be it pre-primary or higher secondary education. Children aren’t to be seen as burdens but they’re our greatest assets.” Meanwhile, some responded with light-hearted jests as one user quipped, “This is the best contraceptive ad I’ve seen.” Another humourously remarked, “I love condoms, help you save so much money.” Since being shared, the post has amassed over 363K views and 350 reposts.