Question

Data about quality of standard of living of 20families

Answer 1

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So, Thè Answer Is --) Standard of living in India varies from state to state. With one of the fastest growing economies in the world, clocked at a growth rate of 7.6% in 2015, India is on its way to becoming a large and globally important consumer economy. According to Deutsche Bank Research, there are between 30 million and 300 million middle-class people in India. If current trends continue, India's share of world GDP will significantly increase from 7.3 in 2016 to 8.5 percent of the world share by 2020.In 2011, less than 22 percent of Indians lived under the global poverty line, nearly an 8 percent reduction from 29.8 percent just two years prior in 2009.

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