NO OFFENCE INTENDED, PLEASE

NO OFFENCE INTENDED, PLEASE

Imagine yourself fathering a child every year (no offence intended) while you receive an annual increment of salary to the tune of INR 1,000. Surely yours must be a family of rising fortunes? What do you say? Now relate it to India's burgeoning population and increase in nominal GDP as opposed to decrease in her GDP per capita. So, are we a rising economic power in the people's sense? Has the message been driven home?

Written by Sugata Bose