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Being the 5th largest economy ‘impressive,’ but per capita income must also rise, says Ex RBI Gov Rangarajan

Being the 5th largest economy ‘impressive,’ but per capita income must also rise, says Ex RBI Gov Rangarajan

by AIP Online Bureau | Sep 16, 2023 | Eco/Invest/Demography, Indian News, Policy

Noting that India was today the fifth largest economy, he said, ”This is an impressive achievement.” ”However, in relation to per capita income, it is a different story. In 2020, India’s rank with respect to per capita income was 142 out of 197...

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