India is the developing country , the process of development or progress is little bit slow than other developed countries , economy plays an vital role in development Indian economy is good but not best so there are some problems of funds ,
but now a days huge amount of projects has been in progressed condition .
The people living in low income countries have, on average, a lower level of real per capita income. Low income leads to low investment in education and health as well as plant and equipment and infrastructure, which in turn leads to low productivity and economic stagnation.
The main features or characteristics of rural economy in India include low per capita income, poor distribution of income and resources and so much more. These features are as a result of the poverty levels in the rural areas.
The GDP per capita of Nigeria is low however is rapidly growing. As of 2009 it was $2,249 and 140th largest in the world.
the people the people
Low per capita income means that the total income of a region (usually a country) divided by its total population is, by some set of criteria, relatively small. Usually it is used to describe countries or regions existing in the lower percentage (category, class, bin, etc.) of a group.
The GDP per Capita of India is low but rapidly growing. Currently it is $2,941 the 128th highest in the world and comparable to that of Moldova and Vietnam.
In India, most people are lower middle class. It is due to low per capita income.
Low carbon steel is steel with low carbon. High carbon steel is steel with high carbon
The people living in low income countries have, on average, a lower level of real per capita income. Low income leads to low investment in education and health as well as plant and equipment and infrastructure, which in turn leads to low productivity and economic stagnation.
In the year 2018, the world crude steel production reached 1808 million tons which is 7% more than that in 2017. The finished steel production accounts for 1712 million tons in 2018 from 1587 million tons in 2017. The availability of low-cost labor and the presence of abundant iron ore reserves make India competitive in global set up. The steel sector contributes to 2% of GDP, and it employs 5 lakh people directly and 25 lakhs people indirectly. The per capita consumption of steel grew at a CAGR of 3.96% from 45KG in 2008 to 69KG in 2019. India is also the largest producer of sponge iron or DRI in the world, the coal-based route accounted for 79% of total sponge iron production (30.51 mt) in the country in 2017-18. For knowing more visit: Steel Industry - Analysis of Major Contributors of Manufacturing Output If you are looking for consulting services for your business, kindly visit Business Consulting
Due to Over Population.
Because high carbon steel has low fluidity & low carbon steel has high fluidity.
The main features or characteristics of rural economy in India include low per capita income, poor distribution of income and resources and so much more. These features are as a result of the poverty levels in the rural areas.
The GDP per capita of Nigeria is low however is rapidly growing. As of 2009 it was $2,249 and 140th largest in the world.
Such statistics are not calculated since it would not be correct at all. See the GDP per capita of South Africa. That might help.
The mean per capita consumption of alcohol in the U.S. is relatively low compared with most European countries. In fact, the U.S. has a very high proportion of abstainers.
A growing consumer preference for nutritious, low-fat foods boosted the health of the industry, nearly doubling mean annual per capita consumption in the last 20 years to 24 pounds. In 1995, the typical consumer ate pasta an average of 2.7 times a week