0
Economy ranking is a complex business. Perceptions of wealth and factual statistics of a nation's economy are often contradictory.
For instance, according to the National Score Index, not taking into account the student loans and the mortgages, the average American has a debt of $11,224.
This puts US into the category of the most debt ridden countries - which - by any interpretation - would mean that US is the poorest country in the world today.
The Indian economy is doing well. The per capita income is on the rise. The fiscal deficit is on the decline. The cost of living is compatible with per capita income and infation rates are well under control.
All this, despite global recession and unfavorable climatic conditions in India.
So yes, it is completely possible to believe that India is among the richest countries in the world.
What else can I help you with?
Is India a rich country or a poor country?
Belive it or not India is a rich country. Some small parts all poor but same in the US. Louisana is poor. India has many intresting things. I think its pretty intresting. --Kimberlychic
Is gujrat is the richest capital in India?
No. Chandigarh is the richest city in India.
In which site does say that India is richest country?
India is the richest country in the world.It become due to the financial crisis so it over took 125 countries including Usa,France,Canada.Indian economy is the highest too.SEE akhaw.webs.com for the proof. USA begged India for 10000 $ BILLION.So India gave it to them.Its on Cnn,Bbc and abc news too. India's Richest man is now Mukesh Ambani
Which is the richest state in India?
The richest state in India is Maharashtra. It is one of India's most prosperous states, having a per-capita income is highest in country and GDP is almost double than any single state in country. It contributes to 40% of industrial production in india and 15% of GDP .. Its hub for IT , AUTOMOBILES, FINANCE,EDUCATION AND HELATHCARE.. Its GDP is double than other competing states in country
Is India a rich and heritage country?
once upon a time, India was the richest country in the world. as the people around the world came to know about its richness and wealth, they come and invaded the country. as the people and kings of India were so generous, they allowed everyone to enter their country. they purchased and took all the richness from India to their countries. this was how India became poor.
What is the richest Islamic country in the world?
India is the 11th richest country with population over 1.3 billion and 18% of the people live in India are Muslims (although not a Islamic country). Turkey is the 15th richest country which is an Islamic country. Saudi Arabia is the 21th richest country which is ranked 2nd in richest Islamic country. Indonesia is 24th richest country which has more Muslims in their land than any other country after India. Iran is 30th richest country in the world which makes it 4th richest Islamic country in the world.
When will India become richest country?
India can become the richest. But it has to be honest in all departments.
What was the richest country of the 1600s?
India
Which state in India is the richest for natural resources?
Punjab is the richest country
What is the richest country 2010?
Kuwait is the 4th richest country in the world 2010
India's which rank in richest country?
9
How do India's make money?
SIMPLE ! , OIL AND GOLD , INDIA's THE RICHEST COUNTRY !
4th richest country 2010?
It's Singapore.
What country used to be one of the richest countries in the world?
India
Why is Norway the 4th richest country?
because it has a lot of money
Is India a rich country or a poor country?
Belive it or not India is a rich country. Some small parts all poor but same in the US. Louisana is poor. India has many intresting things. I think its pretty intresting. --Kimberlychic
What is the richest part of India?
Chandigarh is the richest part of India.
