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Premium
Illustration: Binay Sinha
India is still a developing country with a low per capita income of $2,500, which also camouflages wide income and wealth inequalities. India currently ranks 134th out of 193 countries in the Human Development Index, which is a more accurate measure of progress in the social and economic welfare of a country’s population. The road to Viksit (Developed) Bharat is likely to be a long one, and almost certainly stretching beyond 2047, the centenary of India’s Independence.
While India may be classified as a low- to middle-income country, in per capita terms — which is what matters
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