2006-07-28 05:11:41 · 5 answers · asked by funz11 1 in Business & Finance ➔ Personal Finance
Per capita income of an Indian is between 100 to 120 USD.
2006-07-28 05:29:40 · answer #1 · answered by Jitu 2 · 0⤊ 0⤋
According to the CIA world factbook, India has a Per Capita GDP Equivalent to $3,100 in 2004. This means that the average monthly income should be around $260.
But keep in mind that this statistic is based on the Gross Domestic Product. So in reality the individual average income is slightly less. Also in a Nation like India, incomes can vary incredibly between Rural and Urban populations.
2006-07-28 12:20:48 · answer #2 · answered by Jeff T 1 · 0⤊ 0⤋
I agree with the statistic from CIA, with one reservation. There is currently over 20% unemployment in India, counting part-time farm labor, so the "per capita" of the people who are employed is much higher.
Over 60% of Indians have no steady income.
2006-07-28 12:28:31 · answer #3 · answered by paanbahar 4 · 0⤊ 0⤋
I talked a guy who wanted to do outsourcing work and he said his income was about $250 a month in USD.
2006-07-28 14:11:56 · answer #4 · answered by NOVA50 3 · 0⤊ 0⤋
$5. us dollars.
2006-07-28 12:14:43 · answer #5 · answered by Anonymous · 0⤊ 0⤋