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India is the most populous country in the world with one-sixth of the world's population.According to estimates from the United Nations (UN), India has overtaken China as the country with the largest population in the world, with a population of 1,425,775,850 at the end of April 2023.
Since 2007, India has set its official threshold at ₹ 26 a day ($0.43) in rural areas and about ₹ 32 per day ($0.53) in urban areas. [46] While these numbers are lower than the World Bank's $1.25 per day income -based definition, the definition is similar to China's US$0.65 per day official poverty line in 2008.
It was the second time in India's independent history that voters re-elected the same party to power with a bigger majority to the Lok Sabha – India's lower house of parliament. The BJP's total vote share stood at 37.4 per cent, an increase of over 6 percentage points from 31.34 per cent in 2014.
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Unemployment in India has been at a 45-year old high. According to a 2022 World Bank report, India's youth unemployment rate stood at 23.2%, whereas the national unemployment hovered around 7%. In 2023, 42.3% of graduates were unemployed, showing the lack of job growth needed to accommodate the increasing workforce.
It also says that between 2012 and 2021, 40% of wealth generated in India has gone to just 1% of the total population and 3% of the wealth has gone to bottom 50%. The number of hungry Indians increased to 350 million in 2022 from 190 million in 2018, while the number of billionaires has increased from 102 in 2020 to 166 in 2022.
NDA 20-272 / S-036, 20-588 / S-024, 21-444 / S-008: Final Agreed-Upon Labeling 7 and unusual thought content) is considered a particularly useful subset for assessing actively
The economy of India has transitioned from a mixed planned economy to a mixed middle-income developing social market economy with notable public sector in strategic sectors. It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP); on a per capita income basis, India ranked 136th by GDP (nominal) and 125th by GDP (PPP).
With a population of nearly 10.12 million and an area of 96,716 sq mi (250,490 km 2 ), Michigan is the 10th-largest state by population, the 11th-largest by area, and the largest by area east of the Mississippi River. [b] Its capital is Lansing, and its largest city is Detroit.