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India to take 75 yrs to reach 1/4th of US income per capita: World Bank

India to take 75 yrs to reach 1/4th of US income per capita: World Bank post thumbnail image

According to a World Bank report, it may take India around 75 years to reach one-fourth of the US per capita income. More than 100 nations, including Brazil and South Africa, face hurdles in achieving high-income status. The report urged these countries to change outdated strategies to address demographic, economic, and geopolitical challenges.

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