Ashneer Grover Advocates Per Capita Income As True Measure Of Country's Development, Netizens Divide
While GDP serves as a widely utilized metric for measuring global economic growth, India holds the 5th position globally in terms of GDP size, surpassing several developed countries. However, in terms of per capita income, India lags behind 127 other countries significantly.
Nov 13, 2023, 18:49 PM ISTIncome inequality to rise further, jobs remain a chimera: Study
Even though per capita income stands at USD 1,850, it is "shockingly" low at USD 400 for the bottom 660 million or 50 per cent of the total population, it said.
Oct 01, 2017, 15:49 PM IST