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Searched Tag: per capita income
Former Reserve Bank of India Governor, Duvvuri Subbarao, has injected a note of caution amidst India's projected rise as the world's third-largest economy by 2029.

India's per capita income places it among the poorest: warns former RBI guv Subbarao

April 17, 2024, 07:09 AM - 2 mins read

Speaking at a book launch event, Subbarao drew attention to India's position as the poorest among BRICS and G-20 nations, despite its growing economic stature.

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Global rating agency Moody's has reaffirmed a stable outlook for the Government of India's sovereign ratings, keeping the country's long-term and short-term ratings at Baa3 and P-3, respectively.

Moody's bullish: India's growth story continues with stable outlook

April 11, 2024, 10:57 PM - 2 mins read

Moody's report emphasized India's large and diversified economy, high growth potential, relatively sound external position, and stable domestic financing base for government debt. However, it also noted challenges such as high general government debt, weak debt affordability, and low per capita income.

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Jharkhand’s per capita income moved one step in two decades: Economic Survey

February 26, 2024, 09:45 AM - 3 mins read

GSDP grew at 8.8% annually in last 3 years, growth rate estimated at 7.1 % in 2022-23 and projected at 7.7% in 2024-25.

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