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
Founder's Office | P...ย โขย 10m
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
The country that does not respect and value time may become rich in GDP terms but will remain poor in per capita income forever.
0 replies4 likes
N K Yadav
INNOVATION , BUSINES...ย โขย 9m
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
Nawal
ย โขย
SELFย โขย 9m
โผ๏ธ 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 ?
2 replies4 likes
Arun Bairagi
Serious Thinkerย โขย 1m
Number of people earning more than 1 crore per year in India, according to the Income tax department.
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.