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
2 replies5 likes
Armaan Nath
Stealth • 9m
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 and China: The Middle-Income Trap Challenge
The recent World Development Report 2024 by the World Bank sheds light on a crucial issue: the "middle-income trap." This is a scenario where countries, after reaching a certain level of economic
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0 replies6 likes
N K Yadav
Stealth • 8m
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%.
0 replies4 likes
Aarihant Aaryan
Stealth • 10m
India with a population of 1.4 Billion has more than 54% of teens and youth.
India has a working population of 500M - we are still exam-driven not skill-driven.
Even with all government reforms, India is the most challenging country to build a busi
Germany is way ahead than India than You Think‼️
The news and social media has ruined the minds of people and somewhat brainwashed them by not revealing the truth. No doubt India is 5th largest economy but in top 10 economy list India has the lowest