The household income and consumption of the households in holds key to the data where results are adjusted to the household size. Different countries are using different techniques, standards and procedures for data collection and their adjustment according to their market. An income-based survey will normally show an unequal distribution as compared to the survey [...]
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Income and Consumption: Per Capita Income
Today, India fares among the fastest growing nations in the world and has secured the 12th slot, in the terms of the size of its economy, as per the market exchange rates. However, it falls behind even its peers among the BRIC (Brazil, Russia, India, and China) countries. According to the World Trade Organization (WTO), [...]