India's per capita income is relatively low compared to developed countries due to several factors. Firstly, India has a large population, which dilutes the overall income distribution. The country also faces challenges such as widespread poverty, unequal access to education and healthcare, and a significant informal sector. Additionally, structural issues like inadequate infrastructure, bureaucratic inefficiencies, and regulatory hurdles can hinder economic growth and income generation. However, India has been making strides in economic reforms, technological advancements, and skill development initiatives, aiming to improve productivity, employment opportunities, and ultimately raise per capita income levels over time. India's per capita income is relatively low compared to many developed countries due to a combination of historical, structural, and developmental factors. One of the primary reasons is the sheer size of India's population, which exceeds 1.3 billion peopl...
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