Ashneer Grover Sparks Debate on Twitter Over Whether India's Development Should Be Measured by Total GDP or Per Capita Income
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Ashneer Grover said India's GDP should be measured on per capita basis, not total GDP, as true measure of development. His tweet divides opinion online.
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Some agree with Grover that per capita income growth indicates development better than total GDP rank.
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Others disagree, saying per capita income doesn't account for purchasing power parity or income inequality.
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India expected to overtake Japan to become 3rd largest economy by 2030 with $7.3 trillion GDP.
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India's economy continues strong growth in 2023, with 6.2-6.3% GDP growth forecast for 2023-24 fiscal year.