Finance Minister Expects $4,000 Per Capita Income By 2025
Posted on Wed Nov 07, 2007 at 12:09:58 AM EST
Finance minister P Chidambaram has said he expects the country's per capita income to touch $4,000 by 2025," shattering all forecasts by global economic pundits.
"A BRIC report has forecast India's per capita income would touch $800 by 2010 and $1,149 by 2015. But we have exploded this assumption as our per capita income has already touched $1,000 this year and expect it to touch $4,000 by 2025," Chidambaram said.
He was speaking here last night after releasing a book titled 'We are Like That Only: Understanding the Logic of Consumer India', written by Rama Bijapurkar.
Source:Tribune,07 Nov,07
By parul118, Section News
Posted on Wed Nov 07, 2007 at 12:09:58 AM EST
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