Macro Economy & Trade

Two hundred years of British rule left India drained. We became Independent, but were lagging on all social and economic indicators. The average Indian then could hope to live for less than 40 years. Average incomes were a little more than Rs 250. Imagine then the transformation the country has made. Our per capita income is 500 times higher than what it was in the 1950s. Our economy is now far more globalised with a stock market that’s been booming for the past 40 years. TOI brings you the big picture to show how it is a (far) Better India today compared to when the British left in 1947

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