Question

What was India’s per capita income in year 2015?

Answer 1

In the year 2015 the per capita income of India was 93, 293 rupees. (6,060 PPP dollars)

Explanation:

• The average income or the per capita income of country is the average amount if money that a person has which he can use to buy products from the market.

• Per capita income of a country decides the economy of country. More is the per capita income, more will be the power to buy products and hence more boost to the economy.

• The per capita income of India in 2015 was 93, 293 rupees which is not very high as compared to the other developed countries, although it increased from the previous data but it is still behind many other developed countries. So, per capita income also decides the conditions of the economy if the country and that whether the country is developed or not.