SovereignĀ ā¢Ā 2m
India just hit $4 trillion GDP-but ask yourself this: When was the last time you felt a major economic milestone in your wallet? We've officially become the world's 4th largest economy, overtaking Japan. Cue the celebrations, headlines, and LinkedIn posts (like this one). But here is what the headlines won't tell you: ā The Per capita income of India: ~$3,000 (RS-2,56,081.05 Approx) ā Japan's per capita income: ~$34,000 (Rs-29, 02,251.90 Approx) āThe math: Our piece of the pie just got ... smaller? The brutal truth: A larger economy does not always make for a wealthier population. So here's my question for you: What would it take for YOU to feel India's economic growth? Share your thoughts below Because real development occurs when 1.4 billion Indians do not only read about growth but also experience / Live it.
Startups | ProductĀ ā¢Ā 1y
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
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ADJUVA LEGAL® ā¢Ā 2m
India's economy may overtake Japan soon. BUT... It's per capita GDP remains strikingly low at just $2,880, according to the IMF ā far behind Chinaās $13,690 and Japanās $33,960. Link - https://m.economictimes.com/news/economy/indicators/indias-e
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BeatStarsĀ ā¢Ā 1y
Germany is way ahead than India than You Thinkā¼ļø 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
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