How to Earn ₹2 Lakhs Per Month in India?

Is It Possible to Earn 2 Lakh Per Month in India?

The short answer to this question is Yes!
 

India is a developing country with a highly positive economic growth curve. It means there are plenty of opportunities to grow and improve your financial situation.

Almost every sector in the country has an incredible growth potential, which can be leveraged by individuals with different goals, qualifications, and backgrounds.

Ways to Earn 2 Lakh Per Month in India

As mentioned above, the following are some of the most effective ways to earn 2 lakh per month:
 

• Land an In-demand Job

  There are many professions that pay more than ₹2 lakh per month to candidates with the required skills and expertise. These include IT professionals, doctors, chartered accountants, lawyers, C-level executives, data scientists, investment bankers, and so on.
   

   If you have the required skills and qualifications, you can start applying for a high-paying job in your respective field. Another way of landing a high-paying job is to enhance your qualifications.
  
  

  In other words, if you only have a bachelor's degree, you can go for a master’s from a reputed institution. Once you complete your education, you can easily get selected in a high-paying organisation.
  
  

• Start Your Own Business

  Undoubtedly, one of the most effective ways to earn lakhs of rupees per month, along with a reputation in the market, is starting your own business. The best part is you don’t need any higher education or prior experience to start a business.
  
  

  In fact, some of the top entrepreneurs around the world are school and college drop-outs, and many of them belong to financially struggling families. It means there is no excuse for not being able to start a business.
  
  

  By combining your passion with hard work and a lucrative business idea, you can become a successful entrepreneur and earn any amount of money you desire. When it comes to business ideas, there are plenty of high-paying business ideas you can consider based on your interests. Some of them are as follows:
   

  • Start a dropshipping business.
  • Start your subscription box service.
  • Set up a digital marketing agency.
  • Sell organic products
  • Become a reseller
  • Create and sell health and wellness products.
  • Set up a cloud kitchen.
  • Start an event management company.
  • Start a catering company.
  • Sell made-on-order goods
     

  All of the above-mentioned ideas hold great potential. Moreover, you don’t need a lot of capital to start these businesses. You can select any idea based on your budget and goals and take your first step towards entrepreneurship. But there is one thing you should always remember — businesses are not built overnight. You need to work hard towards your goal while staying patient, and you will definitely be able to generate the income of your dreams.
  
  

• Become a Stock Market Investor

   Investing in the stock market is another way to earn 2 lakhs per month in India. Although it sounds risky at first, stock market investments can help you reach your financial goals in a very promising way.
  
  

  There are many investors who have started with nothing and are now named among the richest people in the country. There are many investment instruments which you can choose to invest in. These include shares, mutual funds, ETFs, government bonds, etc.
  
  

  The best thing about investing in the stock market is there is something for every type of investor based on their financial goals and risk-taking abilities.
   

  For instance, if you are a beginner, you can start investing in low-risk options such as mutual funds. Similarly, more experienced investors can invest in stocks and may even take part in day trading after acquiring enough skills and experience.
  
  

  The only things that matter for becoming a successful investor are the right knowledge, excellent research skills and smart investment plans in hand.
  
  

  If you are a beginner, you can even consider hiring a professional financial advisor or stockbroker who can guide and assist you in your investment journey and help you gain desired returns.
  
  

• Invest in Real Estate

   It is not a hidden fact that the cost of real estate is skyrocketing. If you have the capital to invest, you can consider purchasing a residential or commercial space. By renting out your space, you can easily earn more than 2 lakh per month.
  
  

  It will help you generate a smooth flow of income. You can also consider buying cheap properties and selling them at a higher price after making necessary renovations. Believe it or not, investing in real estate is one of the most lucrative ways to maximise your returns over time.
  
  

• Become a Social Media Influencer

  Social media is everywhere, and so are influencers. It is amazing how a single post can make you a sensation on the internet overnight. The increasing popularity of social media platforms such as Instagram and Facebook have helped ordinary people become an influencer using their talent and creativity.
  
  

  Whether you are a singer, dancer, entertainer or a great home cook, you can start creating engaging content on social media and increase your followers. Once you attain enough views and followers, you will start gaining attention from companies looking to promote their products and services.
  
  

  Since influencer marketing is the most successful way to increase sales and conversions, companies are ready to do anything for influencers to get their products promoted. It’s no surprise that influencers earn lakhs for a single sponsored post. So, if you think you have the talent and love entertaining people, set up your social media account and start content creation.
  
  

• Become a Consultant

  Reliable consultants are always in demand in every industry and sector. Whether it is choosing the right career, starting a business, or making thriving investment plans, people are always in need of trusted and experienced professionals who can guide them throughout their journey. Not to mention, consultants easily manage to earn 2 lakhs per month and more by providing the right guidance and support. If you have enough experience and skills in your field, you can become a consultant.
   

   For instance, if you are a stock marketer, you can become a financial consultant and get hired to devise and implement profitable investment plans and strategies on behalf of your client. In fact, you can even take short-term courses to gain expertise, polish your skills in the field and become a trusted consultant.
  
  

• Start Your YouTube Channel

   Bhuvam Bam, Sandeep Maheshwari, Ankur Warikoo, Technical Guruji, and the list goes on. These people need no introduction as they have gained enough popularity through their YouTube channels.
  
  

  Note that these were once ordinary people who now have become known faces in the country. With millions of subscribers on their channels, these YouTubers earn tens of lakhs per month. What’s more, they have earned immense popularity, respect, and global exposure through this platform.
   

  These examples are enough to showcase the power of YouTube. In a nutshell, if you want to earn ₹2 lakhs or more and if you have a talent, start your YouTube channel today. It is one of the best ideas for someone who wants to restart their career after a huge gap.

Final Words

Earning ₹2 lakh per month is an achievable goal in India. With proper dedication and hard work, you can earn any income you want.

From starting your own business or investing in real estate to becoming a financial advisor and making investment strategies for your clients, we have discussed some of the most successful ways using which you can easily earn 2 lakhs per month.

We hope it helps!