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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.
As of 2021, the total forest cover in India is 80.9 million hectares, which is 21.71 per cent of the total geographical area. [2] There is a 1,540 sq.km increase in forest cover over 2019. Madhya Pradesh has the highest forest cover by area followed by Arunachal Pradesh. Mizoram has the highest forest cover in terms of percentage of total ...
In 1820, India's GDP was 16% of the global GDP. By 1870, it had fallen to 12%, and by 1947 to 4%. India's per-capita income remained mostly stagnant during the Raj, with most of its GDP growth coming from an expanding population. Per capita income growth from 1850 to 1900 is estimated to range from 0.75% to 1.25% annually.
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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).
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.