This figure of about 23K is the mean (average) value. However, evaluating any indicator based on mean can be misleading. Set off to cross a river with average depth of 2 feet, person gets drowned, because, somewhere the water is 7 feet. It is surprising how our experts / statistician (not politicians, they will not understand) allow such vague information to be published which in a way gives no clues. Standard deviation would give better idea. More the standard deviation, flatter the curve, and more evenly distributed is the income. Or else, an information like "% above the mean" would give much better picture to common man. Ofcourse, "% below BPL" is a useful indicator. Believe me, this figure of 23k practically gives no useful information. People are interested to know "how it is distributed" rather than "where it is centered".
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For a nation with so much resources and such a huge population, a per-capita of $500 is disgraceful - even without foreign aid, Pak's per-capita is much higher, and 'poor' B'desh is almost even. It seems India is destined to remain a poverty-stricken nation for a long time to come, even with her fast growing economy. China's Per-capita is almost six times that of India's and growing, a gap India seems incapable of closing even in a hunderd years.
It is interesting to note a rise I feel and Indians should be proud that the per capita income is rising. The buy now and pay later a western policy has ruined a very large number of families who have committed suicide or in psychiatric wards. One will find on the roadside large number of vehicles for sale due to the inability to pay the EMI's. Under the present circumstances exploitation of labour and talent should be controlled by imposing a national wage policy. India may be the only country where engineering graduates are available for Rs.48000/= per annum. The Government will immediately tell that it is not in their purview of bringing in a national wage policy. Let the people be exploited, die but we will open the doors for foreigners campainging a cheap labour and come and invest in India. The recent natural disasters will kill many more who have borrowed loans and those who have lent loans too. Let us have a national wage policy and propogate growth in each and every field. Right now the emphasis is only on IT and BT and there is a huge shortage of civil engineers which will be filled by foreingners who will flock Indian market.
This data indicates that there iswider gap between rich and poor. Rich are very rich and poor are still poorer and are lacking basic aminities like food, education and health. While traveling in cities like Delhi eventhough having percapita of 55k poor are more and are living in very bad conditions.
