Political Economy of Development (HINDI)

In the IMF’s estimation, in 2020, growth of India’s gross domestic product (GDP) will witness a contraction of over 10%. This more than doubles the level of contraction — from 4.5% — that the IMF had projected for India just a few months ago.
But more than the sharp contraction, what has caught everyone’s attention is that in 2020, the per capita income of an average Bangladeshi citizen would be more than the per capita income of an average Indian citizen.
However, per capita income also involves another variable — the overall population — and is arrived at by dividing the total GDP by the total population. As a result, there are three reasons why India’s per capita income has fallen below Bangladesh this year.
#YOUCANLEARNECONOMICS
#ECONOMICS

Subscribe me @ http://youtube.com/c/EZClassesfaghsa

Like me on Facebook @ https://www.facebook.com/faghsa/

Follow me on Twitter @ https://twitter.com/?lang=en

Mail ID: faghsa1760@gmail.com

Видео Political Economy of Development (HINDI) канала E.Z. Classes