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The economy of India is a developing mixed economy with a notable public sector in strategic sectors. [5] It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP); on a per capita income basis, India ranked 141th by GDP (nominal) and 119th by GDP (PPP) . [ 58 ]
These are lists of Indian states and union territories by their nominal gross state domestic product (GSDP). GSDP is the sum of all value added by industries within each state or union territory and serves as a counterpart to the national gross domestic product (GDP). [1]
Many of the states of India have large GDP (called gross state product) which would rank highly on a list of countries by GDP. These figures are based on the World Bank list on List of countries by GDP (PPP) for world GDP, and the States of India by size of economy figures.
Geodemography is the study of people based on where they live [citation needed]; it links the sciences of demography, the study of human population dynamics, and geography, the study of the locational and spatial variation of both physical and human phenomena on Earth, [1] along with sociology.
56% of India's rural households lack agricultural land. [56] [57] 36% of 884 million people in rural India are non-literate. This is higher than the 32% recorded by 2011 Census of India. [58] Of the 64% literate rural Indians, more than a fifth have not completed primary school. 60% of the 179,100,000 rural households are deprived or poor. [59]
Income in India discusses the financial state in India. With rising economic growth India's income is also rising rapidly. As an overview, India's per capita net national income or NNI was around ₹1,69,496 in 2022-23. [1] The per-capita income is a crude indicator of the prosperity of a country.
The national average HDI for India in 2008 was 0.467. [1] By 2010, its average HDI had risen to 0.519. [2] [3] UNDP, the sponsor of the Human Development Index methodology since 1990, reported India's HDI to be 0.554 for 2012, [4] an 18% increase over its 2008 HDI. The United Nations declared India's HDI to be 0.586 in 2014, [5] a 5.77% ...
Indian economic census is the census of the Indian economy through counting all entrepreneurial units in the country which are involved in any economic activities of either agricultural or non-agricultural sector which engaged in production and/or distribution of goods and/or services not for the sole purpose of own consumption. [1]