Income in India

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India's per capita income (nominal) is $1016, ranked 142nd in the world, while its per capita purchasing power parity(PPP) of US$2,762 is ranked 129th.

States of India have large disparities. One of the critical problems facing India's economy is the sharp and growing regional variations among India's different states and territories in terms of per capita income, poverty, availability of infrastructure and socio-economic development. Although income inequality in India is relatively small (Gini coefficient: 32.5 in year 1999- 2000) it has been increasing of late. Wealth distribution in India is fairly uneven, with the top 10% of income groups earning 33% of the income.. India Together. Civil Society Information Exchange. August 2003 Despite significant economic progress, a quarter of the nation's population earns less than the government-specified poverty threshold of $0.40/day. 27.5% of the population was living below the poverty line in 2004–2005., Planning commission, Government of India, March 2007.


Between 1999 and 2008, the annualized growth rates for Maharashtra (9.0%) Gujarat (8.8%), Haryana (8.7%), or Delhi (7.4%) were much higher than for Bihar (5.1%), Uttar Pradesh (4.4%), or Madhya Pradesh (3.5%).<ref...
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