India Living Status

India will witness the steepest rise in living standards of the common man on the back of the government's initiatives and the efforts towards doubling per capita income in few years, Finance Minister Nirmala Sitharaman said on Friday. Addressing the 3rd edition of the Kautilya Economic Conclave, the minister stressed that inequality in India has declined with the Gini coefficient, a statistical tool to measure inequity, showing improvement in urban as well as rural areas. "I expect these improvements to continue as the effects of the last ten years of economic and structural reforms manifest more thoroughly in the data in the coming years as the Covid shock fades from the economy," Sitharaman said. The upcoming decades, the minister said, "will see the steepest rise in living standards for the common man, truly making it a period-defining era for an Indian to live in". "While it took us 75 years to reach a per capita income of USD 2,730, as per IMF projections, it will take only f

She elucidated that the emergence of generative AI has prompted companies to adopt the technology given its capabilities

A year after their Assembly elections as many of 38.29 per cent of surveyed people in these four states and a Union Territory think that their living standards have deteriorated.

Per capita availability of foodgrains was 394.9 grams per day in 1951. This has increased to 506.1 grams, according to provisional 2017 figures based on the latest economic survey data