According to 2010 Data
US GDP = 14.08 Trillion US$
Indian GDP =3.91 Trillion US $ (in PPP - Purchasing power parity adjusted Terms).
So their Economy is not even 4 times bigger than our Economy
as shown above.
==============================
Plus USA population is 30-35 Crore wheres Indian population is 121 Crore
taking it as a 4 times the USA population;
our per capita income is not less than 1/16th of USA per Capita GDP.....
Or USA per capita income is just 16 times per capita of India ...
even if we take nominal GDP, that is removing PPP of India to be 3;USA per capita income is just 48 times per capita of India ....
==============================
http://en.wikipedia.org/wiki/
IMF Data (2010) GDP per capita of
USA is 47,123 US $ ( it is on number 6th highest out of the listed 182 countries)
Russia is 15,807 US $ (51st number from top)
China is 7,518 US $ (93rd number)
India is 3,290 US $ (127th number) (14.32 times less than USA)
Pakistan is 2,789 US $ (133rd Number)
India and china though being 4th largest (PPP adjusted ) and 2nd largest Economy;
per capita goes down because of very huge population.
So if we increase the PPP of India by some means or we appreciate the
Rupee against US $ (which is due since long term) gap between
GDPs and gap between "per capita incomes" can be further reduced.
PLUS MOST IMPORTANT ASPECT is that GDP can be
very wrong and inappropriate measure of the progress
- of the socio , economic and political progress.
So we should focus on Sovereign, corruption free, Just, inclusive,
Employment generating, pollution free, Green progress
with maximum human development..
If we do so , all above numbers will be more and more positive
and India can be on the TOP list of all positive socio, economic
and political development.
Warm Regards
Mr. Bankim Shah
US GDP = 14.08 Trillion US$
Indian GDP =3.91 Trillion US $ (in PPP - Purchasing power parity adjusted Terms).
So their Economy is not even 4 times bigger than our Economy
as shown above.
==============================
Plus USA population is 30-35 Crore wheres Indian population is 121 Crore
taking it as a 4 times the USA population;
our per capita income is not less than 1/16th of USA per Capita GDP.....
Or USA per capita income is just 16 times per capita of India ...
even if we take nominal GDP, that is removing PPP of India to be 3;USA per capita income is just 48 times per capita of India ....
==============================
http://en.wikipedia.org/wiki/
IMF Data (2010) GDP per capita of
USA is 47,123 US $ ( it is on number 6th highest out of the listed 182 countries)
Russia is 15,807 US $ (51st number from top)
China is 7,518 US $ (93rd number)
India is 3,290 US $ (127th number) (14.32 times less than USA)
Pakistan is 2,789 US $ (133rd Number)
India and china though being 4th largest (PPP adjusted ) and 2nd largest Economy;
per capita goes down because of very huge population.
So if we increase the PPP of India by some means or we appreciate the
Rupee against US $ (which is due since long term) gap between
GDPs and gap between "per capita incomes" can be further reduced.
PLUS MOST IMPORTANT ASPECT is that GDP can be
very wrong and inappropriate measure of the progress
- of the socio , economic and political progress.
So we should focus on Sovereign, corruption free, Just, inclusive,
Employment generating, pollution free, Green progress
with maximum human development..
If we do so , all above numbers will be more and more positive
and India can be on the TOP list of all positive socio, economic
and political development.
Warm Regards
Mr. Bankim Shah
6 comments:
Go to Bihar!!!
60% Indians earn less than 1$ a day.
65% of population is engaged in agriculture which produces less than 17% of GDP.
50% of Indians do not get two meals to eat!!!!
congestion, pollution, corruption, and what not!!!!
Definitely, INDIA is on TOP!!!
Congratulations to you for being a proud Indian.
hey u bastard u r afriad of showing yur name
bloody americans
americans r bitch and everybody know
that
i am an indian and i love my country but sincerely what r u comparing with the world's largest economy. india will never develop courtesy the corrupt politicians and the people too most of the politicians are completely illitrate, US definately beats india in all possible fields. accept the truth. they have a better system which is working very well.we should learn from them rather than being jealous and an indian has written this article shows how much free time we have got that we compare anything with anything.india has developed only militarily socially india is still too backward.
So their Economy is not even 4 times bigger than our Economy
great positive thinking.....
india is a country of various culture.I AM PROUD TO BE AN INDIAN. WHEN I COMPARE INDIA WITH AMERICA I FEEL MY COUNTRY AT THE TOP.AND I PRAY TO GOD TOO MAKE MY COUNTRY AND ITS CITIZENS HONEST AND BECOME HUMAN
Hi, Bankim, we need not worry about comparison with USA because USD is not worth even one paisa if from tomorrow, for any reason, the Saudis stop accepting Dollars.
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