It depends on the cultural context. India is a society of scarcity, and with an over population problem. So people try to endlessly optimize for themselves, regardless of the consequences. And then hoard for themselves.

In other countries, it could be different. For eg, in the Bay Area, I saw similar behaviour, but it was not as intense or at the same level as I see in India.

Sure bad people, exist everywhere in the world. But the socio-economics context acts like a catalyst in the Indian system.