On PPP (Purchasing Power Parity) basis, India with a per capita GNI of $3768 continues to be in group of lower middle income economies, but with an acceleration in its growth rate of GDP to an average of 8% during 2000 and 2009, India is supposed to enter the group of upper middle income countries, very soon.
China has already entered the upper middle income group.
China has already entered the upper middle income group.
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| Economics |
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