I don't know how this economist comes to this figure and their methods of Analysis. Per capita income of Rs.40,000 per year means approx. Rs.3,333 per month. Do you feel our farmers, labourers, Drivers, daily wagers or let say 60% of the population earns this every month ?? This is not a real picture as when such calculations are made the average will always inclined more towards 5% of very high income people like top ranked Business families.
RE:RE:Need to Check the Statistics
by selvaraj on Jul 25, 2008 05:38 AM Permalink
Report is true , here in coimbatore every labour is earning more than 350 per day a driver earns more than 500 rupees per day we find no labours , to do any work for 100 rupees .
RE:Need to Check the Statistics
by cheriyan jacob on Jul 25, 2008 12:08 PM Permalink
Dear Ashim, I'll explain. Assume your PCI is 10L. Assume for other 9 people it is 1L each. So whats the group average. 10L 10L divided by 10. Hence 2L. It is double value of other 9 peopl's PCI becuase one fellow still earns 10L
