Purchasing Power Parity
India becomes the sixth largest economy in the world
July 15, 2018
According to the latest World Bank data India has an estimated per capita income of USD 7,060 while France has USD 43,720 that is around six times more than that of India.
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India ranks 131 on UN’s Human Development Index
March 23, 2017
India, the third largest Asian economy, ranks a 'medium' 131 on the Human Development Index. Showing evident progress in sects like life expectancy at birth, the report also talks of job creation among other things.
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Indian economy overtakes British: Another Take
December 22, 2016
Forbes magazine has caused a frenzy by reporting that the Indian economy has grown a notch, leaving the United Kingdom behind in its wake. While the Indian press has vivaciously welcomed the report, it might be a tad early to reach conclusions.
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