0.000000.1 percent population of the country control 25 % of our GDP.Comment.
When making the budget, our so called "Economic experts" say that ppl like me are illetrate idealistic common folk who don't understand the finer tools of economics, but I have not received a SINGLE answer to date from experts as to why only GDP is factored into growth instead of GDP and GINI, which gives u a clearer picture.
Trying to score GDP by ignoring GINI could mean a LOT of things. Damodar ji, I apologize for this example, but if u had a household income of 100,000 Rupees per month and 20 dependents on you, and your household GINI is at .30s range then I can tell that all members of ur home are taken care off OK. But if u have 100,000 Rupees a month and u have a household GINI of .45 plus like modern India, then it ...more