Search results
Results from the WOW.Com Content Network
Income inequality in India refers to the unequal distribution of wealth and income among its citizens. According to the CIA World Factbook , the Gini coefficient of India, which is a measure of income distribution inequality, was 35.2 in 2011, ranking 95th out of 157. [ 2 ]
Ministry of Consumer Affairs, Food and Public Distribution ₹ 223,323 4.633% Ministry of Home Affairs ₹ 219,643 4.556% Ministry of Rural Development ₹ 180,233 3.739% Ministry of Chemicals and Fertilisers ₹ 168,500 3.495% Ministry of Communications ₹ 137,294 2.848% Ministry of Agriculture and Farmers Welfare ₹ 132,470 2.748%
With rising economic growth and India's income is also rising rapidly. As an overview, India's per capita net national income or NNI was around Rs. 98,374 in 2022-23. [1] The per-capita income is a crude indicator of the prosperity of a country. In contrast, the gross national income at constant prices stood at over 128 trillion rupees. [2]
A new report finds that the present-day golden era of Indian billionaires has produced historic income inequality in India. ... 2024 at 2:17 PM. ... the distribution of income in India was more ...
High income 31.64% 2022 2.50 2021 2.950 2020 3.8 2020 Chile: South America: High income 58.95% 2022 2.06 2020 2.268 2022 7.3 2022 China: Eastern Asia: Upper middle income 43.35% 2022 2.92 2020 3.039 2021 23.0 2011 Ivory Coast: Western Africa: Lower middle income 54.66% 2022 2.90 2019 3.150 2021 Cameroon: Middle Africa
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 125th by GDP (PPP). [62]
In economics, income distribution covers how a country's total GDP is distributed amongst its population. [1] Economic theory and economic policy have long seen income and its distribution as a central concern. Unequal distribution of income causes economic inequality which is a concern in almost all countries around the world. [2] [3]
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!