India To Join Upper Middle Income: SBI sees $4,000 per capita GNI by 2030; aligns with China, Indonesia

India’s climb up the income ladder was slow for decades, taking 60 years to move from low income to lower-middle income. Since then, growth has sharply accelerated, and a likely transition into the upper-middle-income category by around 2030.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/hycI1lG
https://ift.tt/AxkNPbT