August 2018 \ News \ CONQUERING THE RAJ
The Age of Awakening

It took just over seven decades after the British left India...

By Amit Kapoor and Chirag Yadav

But, all of this seems less of an achievement when seen in relative terms. If the Human Development Index (HDI) is taken an approximation of social indicators, India still ranks 131 out of 188 countries in the world. On the economic front, an average Indian has an annual income of USD 1,940, which puts India firmly in the category of “lower-middle income” economies by the World Bank. By comparison, China, which was at the same level of per capita income as India from its independence till 1980, has achieved “middle income” country status with a per capita income of USD 8,827.

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