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→Economy: adding info
India's external debt was $155 billion in 2006-2007, up from $126 billion in 2005-2006. Foreign assistance was approximately $3 billion in 2006-2007, with the United States providing about $126 million in development assistance. The World Bank plans to double aid to India to almost $3 billion a year, with focus on infrastructure, education, health, and rural livelihoods.
India's external debt was $155 billion in 2006-2007, up from $126 billion in 2005-2006. Foreign assistance was approximately $3 billion in 2006-2007, with the United States providing about $126 million in development assistance. The World Bank plans to double aid to India to almost $3 billion a year, with focus on infrastructure, education, health, and rural livelihoods.
Standard of living and wealth distribution in India shows large disparity. While rural areas have little or almost non-existent medical facilities, urban areas have world class medical establishments. The top 10% of income groups earn 33% of the income,<ref name=incomedist>[http://www.indiatogether.org/photo/2003/class.htm "In Pictures – Middle Class, or Upper Class? "]</ref> while 77% of the country's population earn less than $0.40/day. 27.5% of the population was living below poverty line in 2004–2005<ref>[http://www.planningcommission.gov.in/news/prmar07.pdf Poverty estimates for 2004-05]</ref>. Corruption is a major problem affecting India. Bribery, tax evasion, fraud, embezzlement etc. are some of the dominant problems.
==History==
==History==