Is there an asset class that will die a slow death in India?

For centuries, Indians have been investing in gold and land to secure their future. We have had the banking system in our country running since the late 1800s. Availing loans from the Sahukars and putting out family's long-kept assets as mortgages had been some of the lending systems that were the only thing people knew about having an asset class.

source https://economictimes.indiatimes.com/industry/banking/finance/is-there-an-asset-class-that-will-die-a-slow-death-in-india/articleshow/86502599.cms