Making India an Upper Middle Income Country in Short Term, a High Income Society in Long Term

[FalconSlayers]

Mate I think these upper middle class metric is relative and very dependent on purchasing power parity.

I think in the long term we should take into account the personal house possession, access to Health insurance, average life expectancy, investments into account.

House occupancy is the single greatest metric of prosperity. And by housing I just don't Mena a 1 room shak I mean proper housing like minium 1 bhk for a single couple and 2bhk minimum for a couple with two children.
It should be a national mission to provide cheap housing to newly wed couples. Hell I envision a future where having kids will provide tax concession.

Saar, the table is made using PPP only, not nominal.

so our GINI improved over 11 years ? why was there so much rr about muh inequality by leftoids then ?

why would upper middle be tough crack tho ? and how are we defining upper middle class here ?

Lefturds can't comprehend the difference between wealth and income. Stock market rise is causing increase in equity wealth of owners of listed companies so lefturds think this means they have that much monies in their pockets.

 

[eastern_bhartiya]

Saar, the table is made using PPP only, not nominal.

Lefturds can't comprehend the difference between wealth and income. Stock market rise is causing increase in equity wealth of owners of listed companies so lefturds think this means they have that much monies in their pockets.

its worse when you see dumb shit like removing x% peoples wealth, would bring our PCI below x african country, like wot ? how these people are so dumb, first thing is wealth doesn't equal income, income is speed, wealth is distance . second that removal of x% people's wealth is dumb argument , because its true for even most european countries with 0.900+, then too would fall to like 10000 nominal USD if you remove some percentage of population's WEALTH

 

[FalconSlayers]

its worse when you see dumb shit like removing x% peoples wealth, would bring our PCI below x african country, like wot ? how these people are so dumb, first thing is wealth doesn't equal income, income is speed, wealth is distance . second that removal of x% people's wealth is dumb argument , because its true for even most european countries with 0.900+, then too would fall to like 10000 nominal USD if you remove some percentage of population's WEALTH

Most of the people who poast such crap are humanities grads, and that too from tier-3 colleges, woke, atheist, commie filth. Jack of all traits master of none basically. Neither can comprehend STEM, can't comprehend engineering, can't comprehend finance and commerce nor can comprehend economics. Absolute useless biomass.

That said, income inequality decreasing is direct result of rise in manufacturing and freebies both, need a detailed analysis of income minus subsidies for not just India but other countries in similar income bracket as well as advance economies.