Can India break into high-income league by 2047?
- India needs a striking rate of income growth—8.9%—for the next 25 years to become a high-income economy. What stands in its way?
NEW DELHI : For many of us, Singapore is a developed nation. So are Hong Kong and Israel. Well, these countries have very high gross national income (GNI) per capita. Singapore, for instance, has a GNI per capita of $64,010.
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