economy. Between 19, per capita income rose from Rs 6,270 to Rs 93,293. In 2015, India received 63 billion (nearly.19 lakh crore) and replaced China as the top FDI destination, according. Though purely a statistical exercise which may not necessarily show the true picture of a countrys development, nevertheless the data makes for an interesting read. Currently, the country is ranked ninth in the world in terms of nominal GDP.
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Purchasing power parity: Purchasing power parity (PPP) gives a comprehensive idea on the standard of forex borkerz living and the cost of living in a particular country. Indias traditional occupation, agriculture now contributes only about 15 to the GDP, down from 29 percent in 1991. In dollar terms, Indias GDP crossed the 2 trillion mark in 2015-16. By 1994-95, the figure had risen.43 billion. The Sensex reached the high point of 15,644 by the end of 2007-08, but fell 38 percent to 9,708.50 points by the end of 2008-09.
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