Indians see uncertainty ahead despite strong growth: Survey

Despite robust macro-economic growth, India grapples with micro unpredictability due to technology among others, a survey by Aditya Birla Sun Life Insurance Company Limited.

35.11 percent of participants cited economic uncertainty, such as potential job loss, as their top worry. Technological advancements, including AI and tools like ChatGPT, followed close at 33.95 percent , reflecting anxieties about the potential impact of these technologies in changing the nature of work.

Indian economy is growing rapidly, many economic indicators are flashing green. Logically, this should show up reflecting an optimistic, certainty score. But research by the insurance company shows that salaried Indians find themselves navigating a landscape marked by high uncertainty.


57 percent salaried survyed consider the current economic conditions are so uncertain that it is difficult to set work and personal life goals and boundaries.

Moreover, one in two find that in spite of prevailing uncertainties, one’s job and work is a welcome distraction. 54 percent discussed the impact of new tech tools that affect my current work and resulting uncertainty with one’s peers/colleagues.

The National A-Nishchit Index 2024, a survey done in May this year prior to the general elections in India Aditya Birla Sun Life Insurance Company Limited, the life insurance subsidiary of Aditya Birla Capital highlights the sense of uncertainty among Indians about their financial future.

"India is adapting. The ‘अ-Nishchit Index’ survey reveals that the traditionally stable middle-class population is now acutely aware of potential large-scale uncertainties” said Kamlesh Rao, MD & CEO, Aditya Birla Sun Life Insurance Company Limited. “ These uncertainties necessitate substantial preparedness".

Based on the responses gathered from 7,978 participants across all age groups and professions, the survey reveals that 88 percent of respondents anticipate high or very high levels of financial uncertainty over the next five years, with economic factors emerging as the primary source of uncertainty among respondents.