In India per capita income is very low, which is a sign of under develop economy. According to World Bank, in 2015 India’s per capita income was 1590 $. India is ranked 170 position on the basis of per capita gross national income. India’s gross per capita income is not only less than countries like America, England, France, and Germany but is also less than neighbouring countries like China and Sri Lanka. As a result of low per capita income, standard of living of the people is also low. Because of low standard of living depicts low availability of goods and services to the people.
