Post on Medial

The World Bank has classified Russia as a high-income country, estimating the gross income per capita at $14,250 per year.

India is 5th largest economy in the world But why India's Nomial per capita income Ranking stands at 136th place What's the problem

The country that does not respect and value time may become rich in GDP terms but will remain poor in per capita income forever.

Unfiltered thoughts (5/5) There are 3 types of India: India-1 ~Population of 110 Mn ~Per capita income of $10k ~Buys from Flipkart, watch Netflix, drink Starbucks coffee ~Contributes to 40% of India GDP ~Fluent with English ~35Mn credit card users

India's per capita paint consumption is only 3.8 liters, compared to a global average of 15 liters. That's a whopping 75% less! Plus, the price per liter in India is 61% lower than the global average.

‼️ Why they even make such a weird comments on GDP , why not talk about per capita income ? What's your views guys , how big Indian GDP can be ?

India in coming 10-12 years- - Size of economy - from $3.8 trillion to $10t - Per capita income- from $2500 to $6000-7000 - Discretionary spending- from $500-600 to $3000 - Infra spending- from $200-250b to $650-700b - Equity Investors- 5-6% to 15%.

India needs 75 yrs to reach quarter of US per capita GDP. This is the truth. Don't get mislead by politicians big mouthing

In 2021, Indians spent $5–10 per person on virtual purchases, which is lower than the global average of $130–140 per person in 2020.

Income Tax Old Regime vs New Regime All individuals should calculate their income according to both the old regime and the new regime. Thereafter, they should choose the scheme that results in lower taxes.