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
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Kolkata Index
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West Bengal Tourism • 1m
𝗜𝗡𝗙𝗟𝗔𝗧𝗜𝗢𝗡 𝗨𝗣𝗗𝗔𝗧𝗘:
West Bengal stands 5th in inflation rate among the top 10 state economies of India in November 2024. The Eastern powerhouse had an inflation rate of 5.02%.
Source: [CPI, MoSPI]
At the end of the day, the Indian market became a bit cheaper. We are currently in the 2nd position, with the USA at the top. However, there are still sectoral concerns, and on top of that, there’s China’s economic focus.