2024 Ahoy! Why GDP growth must improve livelihood of average Indian
India’s GDP is 5th largest in size but average Indian is 159th in income (per capita GDP); rise in debt and inequality would keep the situation unchanged
India’s GDP is 5th largest in size but average Indian is 159th in income (per capita GDP); rise in debt and inequality would keep the situation unchanged
The average income is expected to touch ₹50 lakh in 2047, says SBI Research
Capital accumulation led by growth in private capital investment is expected to be the key driver of growth during this period, says the report.
Modinomics is full of high debt, inflation, unemployment and inequality, says the Congress.
Per capita income based on Net National Income (NNI) at constant prices continued below the pre-Covid-19 level at ₹91,481 in the financial year 2021-22.
A new study by strategy consultancy firm Boston Consulting Group’s Centre for Consumer Insight sheds light on consumer trends in urban areas.
Two ministers with key portfolios–steel and aviation, share the government’s vision for rapidly transforming India through swift action, and the political dividend they hope to reap.