Tuesday, January 8, 2013

Distribution of Income (1)


·      INDIA

HIGH EARNERS
LOW EARNERS
WHERE THEY TEND TO LIVE
- Goa has $7,496 GDP per person
- Mumbai City –dollars 209 billion (2008 PPP GDP)

- Bihar has $1,019 GDP per person, the lowest in the country.
- Dharavi, Mumbai – one of he largest slums
- 55% of Mumbai population live in slums
- 6.5 to 7.8 m in slums
- So called middle income people
- Economy – 700 m dollars in Dharavi
- Country migrate to cities
- More than17% live in country side

WHAT KIND OF INDUSTRY
India's large service industry accounts for 57.2% of the country's GDP while the industrial and agricultural sectors contribute 28.6% and 14.6% respectively.[16] Agriculture is the predominant occupation in Rural India, accounting for about 52% of employment. The service sector makes up a further 34%, and industrial sector around 14%.


STATISTICS
-Highest number of billionaires in Asia – 36 – combined net worth of 191 billion dollars (2007)
-  836 milllion people in India live on less than 50 cents a day


- In 2011, the country's GDP PPP per capita was $3,703 IMF, 127th in the world, thus making a lower-middle income economy.
- Distribution of family income – GINI INDEX -  36.8(2004) – 37.8 (1997)

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