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Wow, bold claim. India's GDP per capita for 2017 is $7,200, ranked 156th in the world. I'd say they're not far away from being poor. Source: https://www.cia.gov
by ivanche 9y ago
Wow, bold claim. India's GDP per capita for 2017 is $7,200, ranked 156th in the world. I'd say they're not far away from being poor. Source: https://www.cia.gov/library/publications/the-world-factbook/geos/in.html https://www.cia.gov/library/publications/the-world-factbook/...
- meric 9y agoBy poorer I mean less income counted in GDP. The lower cost of living make it more viable for parents spend more time with children. I could also argue India is rich compared to, say, Japan, who don’t have much resources to spend on having children.
- FabHK 9y agoIt's 156 in the world by GDP per capita PPP (purchase power parity) with under USD 8000 (USD 2200 nominal), so cost of living is taken into account, and a HDI of 0.624 (131st in the world). Many positive things might be said about India, but the notion that it is not a poor country is objectively quite mistaken.