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indian economy my
globalization disadvantage
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firstly, india has a very low per capita income as compared to the developed countries. our per capita income was as low as $5610 as estimated in 2014. the difference of per capita income between the developed countries and india is also very large. however, we notice post 1990 to 2014, the indian economy has grown at a faster rate than many of the developed countries. even though the per capita income difference got narrowed down, there still exists a difference between the standard of living conditions of the residents of a developed country and india which is quite significant and large.
Последнее обновление: 2020-12-28
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