Does the average Indian really live on only $1700 per year?
Published on Feb 8
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The article examines the purchasing power of the average Indian based on their annual income. The findings show that the average Indian earns an estimated $1700 per year, which is much less than the average income in other countries. This means that most Indians are unable to purchase items such as cars and electronics, and must instead rely on basic necessities. The article further discusses how the Indian economy is growing due to the influx of foreign investment, but that much of the country still remains very poor. It is concluded that while the Indian economy is improving, the average Indian remains at a distinct disadvantage compared to their international counterparts.