The per capita income has been low in India because
- Aof population growth.
- Bof price rise.
- Cmore people are in rural areas.
- Dof regional imbalances.
Solution & Step-by-step Explanation
Per capita income is calculated by dividing national income by the total population:
Even though India's absolute national income grows steadily, rapid historical additions to population size keep the per-capita net share comparatively low.
Even though India's absolute national income grows steadily, rapid historical additions to population size keep the per-capita net share comparatively low.