Recently our government went into an euphoria as India’s GDP surpassed that of the United Kingdom and became the worlds third largest GDP.
But is this status worth celebrating?
Are we comparing apples and oranges?
From the graph below, it is abundantly clear that our GDP is high only because we are a very large country having a huge population. The key metric, that of per capita income / GDP of UK stands at 44,000+ US Dollars, whereas India’s stands at less than 2000 US Dollars.
It is a shame that we even compare ourselves with other nations who are much more prosperous than us by all standards.
But such is the state of India’s media that it just can’t raise any voice against this dumbing down of the citizens of the country. Large headlines scream at India surpassing UK with none pointing out that we are not even close to the prosperity that country has.
