China's gross domestic product (GDP) accounted for 9.5 per cent of the world's total in 2010, ranking second in the world, but its per capita gross national income (GNI) lagged behind 124 countries.
India will need to grow at an average 7.8 per cent to become a high-income country by 2047, a World Bank report said on Friday. To achieve this goal India would require reforms in financial sector as well as in land and labour market, the World Bank said in its India Country Memorandum titled 'Becoming a High-Income Economy in a generation'.
The Gross National Income (GNI) at 2011-12 prices is now estimated at Rs 112.13 trillion as against Rs 112.14 trillion estimated earlier for 2015-16.
Human Development -- a measure of a nation's health, education, and average income -- has declined for two years in a row.
The European Union's GDP (gross domestic product) at market prices is the highest in the world, with the UK having the second largest share in it.
Let's take a look at some countries, including India, and the price of mobile broadband connection.
Life expectancy of Indians at birth in 2019 was 69.7 years while Bangladesh has a life expectancy of 72.6 years and Pakistan 67.3 years, the 2020 Human Development Report said.
Where do Indian workers stand when it comes to per capita income around the world?
There are not many countries that have high per capita income.
In a letter to Speaker of the US House of Representatives Nancy Pelosi, Trump said he was determined that New Delhi had "not assured" the US that it would "provide equitable and reasonable access" to the markets of India.
Thanks to celebrity activism and widespread media attention, the magazine notes, HIV, malaria and starvation are well-known diseases of the third world. But there's another resource-draining plague afflicting these countries - smoking.
India ranks 83, among 166 countries, in spending on mobile rates
Per capita income is a crude indicator of the prosperity of a country.
It is projected to cross the $3 trillion mark in 2019
However, 63 per cent Indians were "satisfied" with their standard of living
Mobile broadband subscriptions have grown more than 20 per cent annually in the last five years and are expected to reach 4.3 billion globally by the end of 2017.
India's external debt rose by almost 13 per cent to $390 billion in 2012-13, mainly due to an increase in short-term trade credit and external commercial borrowings amid a high current account deficit.
Rediff Labs analysed the data on happiness, peace and human development for countries all over the world.
India, the world's fastest-growing large economy, can surely move ahead in this area faster than the average.
In the past three years, personal loans have grown at twice the rate of growth in personal disposable income, leading to a steady rise in household indebtedness. At the end of March this year, Indians owed Rs 25.2 lakh crore to banks and listed non-banking finance companies (NBFCs), up 65 per cent in the past three years.
Germany was the fourth best place for older people to live.
Like its predecessors, the 2014 report (released two days ago) allows one to compare India's performance with other countries.
The manufacturing sector during the fourth quarter recorded a growth rate of 9.3 per cent while the farm sector grew at 2.3 per cent.
India also fares poorly on maternal mortality rate.
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