Page 3 - Per Capita Income

Is Bangladesh economy really doing better than India? Former CEA doesn't think so

On 'more appropriate' economic metric, Bangladesh has not surpassed India and is unlikely to be in future, former chief economic adviser Arvind Subramanian said on Saturday, asserting that GDP per capita is an estimate for one indicator of the average standard of welfare in a country. Congress leader Rahul Gandhi had taken a dig at the government over IMF growth projections showing Bangladesh closing in on India in terms of per capita GDP this year and described it as a "solid achievement" of six years of the BJP's "hate-filled cultural nationalism". Government sources had emphasised that India's Gross Domestic Product (GDP) in terms of purchasing power parity was 11 times more than that of Bangladesh in 2019. "The India-vs.-Bangladesh GDP per capita comparison (post IMF WEO) has sparked anxiety & acrimony. But wrong numbers being compared... "NO, on more appropriate metric, India has not been surpassed and, according to IMF, unlikely to be in near future," Subramanian said in a ..

India won't be the next China if it can't even out-export Bangladesh

A bigger danger is that instead of taking corrective action, politicians may double down on past mistakes and seek salvation in autarky

Don't bet just yet on Bangladesh as South Asia's economic champion

Bangladesh might overtake India this year by per capita income in nominal dollars, but it is not yet close to becoming South Asia's economic powerhouse anytime soon. T N Ninan explains why

Covid-19 to dent India's FY21 per capita income by 5.4%: SBI report

Among states, Delhi, Chandigarh, and Gujarat will be the worst hit with PCI falling 15.4 per cent, 13.9 per cent and 11.6 per cent, respectively in FY21

Top headlines: Trump's temporary visa ban upsets IT industry, and more

Business Standard brings to you a snapshot of events which made it to the headlines today

At 6.1%, growth in per capita income slows: Explained in numbers

The growth in per capita income has been coming down for 3 years.

Chhattisgarh's economy to grow at 5.32% in FY20: Economic Survey

The per capita income is likely to grow by 6.35 per cent

CM Adityanath blames past govts for drop in UP's per-capita income

The Adityanath government has presented Rs 5,12,860.72 crore budget for 2020-21 last week

India's per-capita income rises 6.8% to Rs 11,254 a month in FY20

In 2018-19, the monthly per-capita income had stood at Rs 10,534

Per capita income grew 45% under Narendra Modi regime, says CSO

None of the first four years under the Modi government had clocked a per capita income growth of more than 10 per cent

Shifting classes, shifting culture

One area that needs more study is how the entry of the hundreds of millions into low-income status has affected entertainment content

India's per capita income growth may fall 8.3% to Rs 111,782 in FY18: CSO

The growth rate in per capita income (real terms) is estimated was 5.3% during 2017-18

Per capita income rises 9.7% to Rs 1.03 lakh in FY17

In 2015-16, the rate of growth of the country's per capita net income stood at 7.4%

Diverging state trajectories

With a per capita income of $4,800, Goa is comparable to upper middle income countries

Govt sees FY17 per capita income rising 10% to Rs 103,818

Per capita national income during 2015-16 stood at Rs 94,178

India's per capita income to cross Rs 1 lakh in FY17

This is higher by 10.4% compared to Rs 93,293 during 2015-16

Low per capita income, demographics to favour India, Indonesia

The finding is part of a research report by Deutsche Bank